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Income Tax refunds have declined by nearly 17% in FY26, according to the latest CBDT data. Refunds stood at ₹3.11 lakh crore till January 11, compared to ₹3.75 lakh crore last year. But why is this happening? Is it because of the new tax regime adoption? Is the government tightening compliance through data tracking? Or are TDS rules and deductions changing the system? In this video, I break down: ✔️ What the official data says ✔️ Reasons behind the refund decline ✔️ How it affects salaried employees & middle class ✔️ Whether you should worry or not ✔️ What could happen in FY27 This is important for every taxpayer, salaried employee, business owner, and even students planning their finances. 💬 Comment below: Have you received your refund this year? Was it lower than expected? 👍 Like, Share & Subscribe for daily trending news updates explained in simple language. 🔔 Turn on the notification bell so you don’t miss tomorrow’s biggest story! #IncomeTax #TaxRefund #FY26 #CBDT #BreakingNews #IndianEconomy #TaxUpdate #FinanceNews #MiddleClass #NewTaxRegime #TDS #Budget2026 #IndiaNews #DailyNews #TrendingNews