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Refunds amounting to 26,242 crore issued since 1st April, 2020

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..... Refunds amounting to 26,242 crore issued since 1st April, 2020
News and Press Release
Dated:- 22-5-2020

Central Board of Direct Taxes (CBDT) has issued tax refunds worth ₹ 26,242 c .....

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..... rore to 16,84,298 assessees since 1st April, 2020 to 21st May, 2020. Income Tax refunds amounting to ₹ 14,632 crore have been issued to 15,81,906 assessees and corporate tax refunds amounting t .....

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..... o ₹ 11,610 crore have been issued to 1,02,392 assessees during this period. It is stated that the refund process has been further expedited and refunds are being issued at a greater pace since .....

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..... the Union Finance Minister Smt. Nirmala Sitharaman's announcement made in the Aatma Nirbhar Bharat Abhiyan last week. CBDT has released a sum of ₹ 2050.61 crore in the previous week ended on 16t .....

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..... h May, i.e., between 9th to 16th May, 2020 to 37,531 income tax assessees and a sum of ₹ 867.62 crore to 2878 corporate tax assessees. During this week, i.e. between 17th to 21st May, 2020, yet .....

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..... another 1,22,764 income tax assessees were refunded ₹ 2672.97 crore and 33,774 corporate tax assessees including trusts, MSMEs, proprietorships, partnerships, etc. were issued refunds worth S .....

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..... 77; 6714.34 crore, taking the total amount refunded to ₹ 9387.31 crore in the case of 1,56,538 assessees.
News - Press release - PIB .....

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