Income Tax Refund Visuals Refund Processing Funnel (AY 2025–26) ITR Filed: 81.8 Million Verified: 78.7 Million Processed: 69.5 Million Pending: 9.2 Million Refunds Issued (April–Nov): 2024 vs 2025 Actual Data: 2024 Refunds Issued: ₹2.95 lakh crore 2025 Refunds Issued: ₹2.42 lakh crore 2024: ₹2.95 Lakh Cr 2025: ₹2.42 Lakh Cr 18% Decline Refund outgo dropped in 2025 despite TDS rate rationalisation. Google Trends: Search Interest for “Income Tax Refunds” (Nov 2025) Real trend movement (interest rating 0–100): Nov 1–5: 40 Nov 6–10: 75 Nov 10–15: 100 (Peak) ITR Filing Summary (Updated) Category Count Total ITRs Filed 81.8 Million Returns Verified 78.7 Million ...