NEW DELHI: The government has issued refunds of over Rs 1.14 lakh crore to more than 1.97 crore taxpayers in the first five months of the current financial year, the Income Tax Department said on Saturday.
“The CBDT issued refunds of over Rs 1.14 lakh crore to more than 1.97 crore taxpayers between April 1 , 2022 to August 31 , 2022,” the Income Tax Department tweeted.
Income tax refunds of Rs 61,252 crore have been issued in 1,96,00,998 cases and corporate tax refunds of Rs 53,158 crore have been issued in 1,46,871 cases, the Income Tax Department said. (ANI)