The Hindu

₹88,652-cr. I-T refunds issued so far this fiscal

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The Income Tax department has issued refunds worth ₹88,652 crore to over 24 lakh taxpayers. This includes personal income tax refunds of ₹28,180 crore to over 23 lakh taxpayers and corporate tax refunds of ₹60,472 crore to over 1.5 lakh taxpayers. “CBDT has issued refunds of over ₹88,652 crore to more than 24.64 lakh taxpayers from 1st April, 2020,” the department tweeted.

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