Quick Summary
The Central Board of Direct Taxes, via their official Twitter handle, has released the amount of refund that has been issued to 1.41 crore taxpayers, including the break-up of such a refund. Read the official Tweet below:
CBDT issues refunds of over Rs. 1,64,016 crore to more than 1.41 crore taxpayers between 1st April,2020 to 04th January, 2021.Income tax refunds of Rs. 53,070 crore have been issued in 1,38,85,044 cases &corporate tax refunds of Rs. 1,10,946 crore have been issued in 2,06,847 cases
FAQ :
The CBDT has issued over Rs. 1,64,016 crore (approximately £1.64 lakh crore) in tax refunds.
More than 1.41 crore taxpayers received these refunds.
The refund data covers the period from 1st April 2020 to 4th January 2021.
Rs. 53,070 crore (approximately £53,070 crore) was issued as income tax refunds.
Rs. 1,10,946 crore (approximately £1.10 lakh crore) was issued as corporate tax refunds.
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