CBDT issues refunds of over Rs. 1,64,016 crores to more than 1.41 crore taxpayers between 1st April 2020 to 04th January 2021



Quick Summary
The Central Board of Direct Taxes (CBDT) has announced that over £1.64 lakh crore in tax refunds have been issued to more than 1.41 crore taxpayers. This period covers 1st April 2020 to 4th January 2021. The refunds include £53,070 crore for individual income tax and £1.10 lakh crore for corporate tax.

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
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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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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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