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Global Business News

The Economic Times

Global Business / The Economic Times

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Income Tax deadline extension: On Tax day, are tax payers really receiving IRS refunds of $5,000, $8,000, $11,000? Here's reality check

Income Tax cuts: White House boasted that average refunds were projected to rise by at least $1,000. But currently, the average refund amount is $3,462, according to the latest IRS data.

15 Apr 2026 11:00 pm