personal income tax

Income Tax refunds worth Rs 1.36 lakh crore issued to 41.25 lakh taxpayers till November 24

This includes personal income tax (PIT) refunds amounting to Rs 36,028 crore and corporate tax refunds of over Rs 1 lakh crore during this period.

published on : 25th November 2020

I-T refunds worth Rs 71,229 cr issued to 21.24 lakh taxpayers during April 8-July 11

The Central Board of Direct Taxes (CBDT) further asked taxpayers to provide immediate response to emails of the department for quick processing of their refunds. 

published on : 17th July 2020

I-T refunds worth Rs 62,361 crore issued to 20.44 lakh taxpayers during April 8-June 30

These refunds have been directly deposited into the bank accounts of the taxpayers and no taxpayer had to approach the Department to request for release of refund.

published on : 3rd July 2020

Net income tax collection rises almost 15 per cent in first quarter

Net direct tax collection grew to Rs 1.42 lakh crore at the end of the first quarter due to a surge in advance tax payments.

published on : 6th July 2017