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Business News›News›Economy›Finance›Central Board of Direct Taxes issues Rs 71,000 cr tax refunds
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Synopsis
The Central Board of Direct Taxes (CBDT) has issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till July 11, 2020. The refunds have been issued since April 8, 2020 when the government took the decision to issue pending income tax refunds at the earliest.
New Delhi: The Central Board of Direct Taxes (CBDT) has issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till July 11, 2020. The refunds have been issued since April 8, 2020 when the government took the decision to issue pending income tax refunds at the earliest.Income tax refunds amounting to Rs 24,603 crore have been issued in 19.79 lakh cases to individual taxpayers and corporate tax refunds amounting to Rs 46,626 crore in
ET Bureau
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