 "I-T dept issues refunds of over Rs 1.93 trillion so far in FY22")
The Income Tax department on Thursday said it has issued refunds of over Rs 1.93 lakh crore to over 2.26 crore taxpayers till March 20 this fiscal.
This includes 1.85 crore refunds of 2020-21, AY2021-22, amounting to Rs 38,447.27 crore.
"CBDT issues refunds of over Rs 1,93,720 crore to more than 2.26 crore taxpayers from April 1, 2021, to March 20, 2022," the I-T department tweeted.
This includes personal I-T refunds of Rs 70,977 crore and corporate tax refunds of Rs 1,22,744 crore.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app