• Privacy Policy
  • About Us
  • Contact Us
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
Cartographeum
No Result
View All Result

Income Tax refunds worth ₹88,652 cr issued to 24.64 lakh taxpayers

Juliet Woodard by Juliet Woodard
August 21, 2020
Home Business
Share on FacebookShare on Twitter

The Union govt. has emphasised on providing tax related services to taxpayers without any hassles during COVID-19 pandemic and to that end has been clearing up pending tax refunds.

The Income Tax department on Friday said it has issued refunds worth ₹88,652 crore to over 24 lakh taxpayers so far this fiscal.The government has emphasised on providing tax related services to taxpayers without any hassles during COVID-19 pandemic and to that end has been clearing up pending tax refunds.Also read: PM announces faceless assessment, taxpayers’ charterThis include personal income tax (PIT) refunds amounting to ₹28,180 crore issued to over 23.05 lakh taxpayers and corporate tax refunds amounting to ₹60,472 crore to over 1.58 lakh taxpayers during this period.“CBDT has, so far, issued refunds of over ₹88,652 crore to more than 24.64 lakh taxpayers from 1st April, 2020 onwards. Income tax refunds of ₹28,180 crore have been issued in 23,05,726 cases & corporate tax refunds of ₹60,472 crore have been issued in 1,58,280 cases,” the Income Tax department tweeted.The Central Board of Direct Taxes (CBDT) is the apex decision-making body in direct tax matters, administers personal income tax and corporate tax.

You have reached your limit for free articles this month.
To get full access, please subscribe.
Already have an account ? Sign in

Show Less Plan

Subscription Benefits Include

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

Faster pages
Move smoothly between articles as our pages load instantly.

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

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

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

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

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

A letter from the Editor
Dear subscriber,Thank you!Your support for our journalism is invaluable. It’s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.Suresh Nambath

Tags: CBDTCentral Board of Direct Taxes.form 16I-T filingI-T refundsincome tax departmentincome tax refundsITRNirmala Sitharamanpersonal income taxtax collectionsUnion Budget 20-21
Juliet Woodard

Juliet Woodard

Next Post
Oppo F17 to Launch Alongside Oppo F17 Pro; Dual Hole-Punch Display and Quad Cameras Teased

Oppo F17 to Launch Alongside Oppo F17 Pro; Dual Hole-Punch Display and Quad Cameras Teased

Leave a Reply Cancel reply

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

Recommended.

COVID snag in bullet train project, may fail to meet 2023 deadline

COVID snag in bullet train project, may fail to meet 2023 deadline

September 5, 2020
Stevie Wonder’s Former Beverly Hills Pad Sells For $10.5 Million

Stevie Wonder’s Former Beverly Hills Pad Sells For $10.5 Million

December 22, 2020

Trending.

Rock Legend Gene Simmons Kisses His California Estate And High Taxes Goodbye

Rock Legend Gene Simmons Kisses His California Estate And High Taxes Goodbye

November 1, 2020
Brookfield to buy 18% of RMZ’s assets for $2 billion

Brookfield to buy 18% of RMZ’s assets for $2 billion

October 19, 2020
Navigating Online Marketplaces? 12 Tips For Real Estate Newbies

Navigating Online Marketplaces? 12 Tips For Real Estate Newbies

January 13, 2021
Left slams RBI proposal to give banking licences to corporates

Left slams RBI proposal to give banking licences to corporates

November 24, 2020
Gold slips ₹ 248, silver declines ₹ 853

Gold slips ₹ 248, silver declines ₹ 853

November 21, 2020

Cartographeum brings you the latest information about Tech,Real Estate & Business.

Follow Us

Categories

  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
  • Uncategorized

Tags

Amazon Apple Watch 2 Best iPhone 7 deals Bombay stock exchange BSE Business Buying Guides china closing trade coronavirus COVID-19 currency dollar rate economy Finance Ministry foreign exchange forex gold india indian economy Indian stock market Industry iOS 10 lockdown luxury homes market and exchange markets nifty Nirmala Sitharaman NSE oil pandemic Playstation 4 Pro rbi real estate Reserve Bank of India rupee rupee rate Rupee value rupee vs dollar sensex Sillicon Valley stock exchange Stocks USD

Recent News

Dwyane Wade And Gabrielle Union Bring Los Angeles Home Back To Market At $6 Million

Dwyane Wade And Gabrielle Union Bring Los Angeles Home Back To Market At $6 Million

January 15, 2021
The Wealthy Are Moving To These 5 U.S. Mountain Towns

The Wealthy Are Moving To These 5 U.S. Mountain Towns

January 15, 2021
  • Privacy Policy
  • About Us
  • Contact Us

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Review
  • Computers
  • Gear

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.