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Rs 1.45 Lakh Crore In I-T Refunds Issued to 89 Lakh Taxpayers

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Rs 1.45 Lakh Crore In I-T Refunds Issued to 89 Lakh Taxpayers

The refunds have been issued between April 1 and December 8, 2020.

The finance ministry on Friday stated the Income Tax Department has issued refunds value Rs 1.45 lakh crore to about 89 lakh taxpayers thus far this fiscal.

This contains private earnings tax (PIT) refunds throughout this era.

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“CBDT issues refunds of over Rs 1,45,619 crore to more than 89.29 lakh taxpayers between April 1, 2020, and December 8, 2020,” the finance ministry stated in a tweet.

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