The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,12,400 crore to greater than 91 lakh taxpayers from April 1 to November 1, the Earnings Tax Division stated on Wednesday.
“CBDT points refunds of over Rs 1,12,489 crore to greater than 91.30 lakh taxpayers from 1st April, 2021 to 1st November, 2021. Earnings tax refunds of Rs 33,548 crore have been issued in 89,53,923 circumstances & company tax refunds of Rs 78,942 crore have been issued in 1,75,692 circumstances,” the Earnings Tax division tweeted.
The division stated the quantity contains 58.22 lakh refunds of Evaluation 12 months (AY) 2021-22 amounting to Rs 11,086.89 crore.
(Solely the headline and movie of this report could have been reworked by the Enterprise Commonplace workers; the remainder of the content material is auto-generated from a syndicated feed.)
Enterprise Commonplace has all the time strived exhausting to supply up-to-date info and commentary on developments which might be of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on how you can enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even throughout these tough instances arising out of Covid-19, we proceed to stay dedicated to protecting you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.
We, nonetheless, have a request.
As we battle the financial influence of the pandemic, we’d like your assist much more, in order that we are able to proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our on-line content material. Extra subscription to our on-line content material can solely assist us obtain the objectives of providing you even higher and extra related content material. We consider in free, honest and credible journalism. Your assist via extra subscriptions might help us practise the journalism to which we’re dedicated.
Help high quality journalism and subscribe to Enterprise Commonplace.