CBDT issues refunds to more than 15.45 lakh taxpayers between 1st April and 24th May 2021

Last updated: 29 May 2021

Quick Summary
The Central Board of Direct Taxes (CBDT) has processed a significant number of income tax refunds. Between 1st April and 24th May 2021, over 15.45 lakh taxpayers received refunds totalling more than £25,301 crore. This includes £7,494 crore in income tax refunds for individuals and £17,807 crore in corporate tax refunds.

The Income Tax Department, via their official Twitter handle, has released the figures of Income Tax Refunds made between 1st April 2021and 24th May 2021. Know the amount of total refund and itsbifurcation below: CBDT issues refunds of over Rs. 25,301 crore to more than 15.45 lakh taxpayers b
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FAQ :

More than 15.45 lakh taxpayers received refunds during this period.

The total amount of refunds issued was over £25,301 crore.

Income tax refunds amounted to £7,494 crore, while corporate tax refunds were £17,807 crore.

Income tax refunds were issued in 15,00,397 cases.

Corporate tax refunds were issued in 44,140 cases.



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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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