Taxpayers get I-T refunds of ₹62,361 crore


The Income Tax Department has issued refunds worth ₹62,361 crore to over 20 lakh taxpayers between April 8 and June 30.

This includes personal income tax (PIT) refunds amounting to ₹23,453.57 crore issued to 19.07 lakh taxpayers and corporate tax refunds amounting to ₹38,908.37 crore to over 1.36 lakh taxpayers during this period. “During this period of just 56 weekdays, the Central Board of Direct taxes has issued refunds in more than 20.44 lakh cases amounting to more than ₹62,361 crore,” the department said a statement.

You have reached your limit for free articles this month.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Briefing

We brief you on the latest and most important developments, three times a day.

Not convinced? Know why you should pay for news.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *