Income Tax refunds of Rs 98,625 crore issued to 26.2 lakh taxpayers in 5 months
Image Credit: shortpedia
The Central Board of Direct Taxes (CBDT) on Wednesday (September 2) issued an order stating refunds of over Rs 98,625 crore to over 26.2 lakh taxpayers between 1st April to 1st September. This also includes personal income tax (PIT) refunds amounting to Rs 29,997 crore issued to 24,50,041 taxpayers and corporate tax refunds amounting to Rs 68,628 crore issued to over 1,68,421 taxpayers during this period.