I-T refunds worth Rs 1.45 lakh cr issued to 89 lakh taxpayers

Finance Ministry said in a tweet that CBDT has issued refunds of over Rs 1,45,619 crore to more than 89 lakh taxpayers between April 1 to December 8.

New Delhi: The Finance Ministry on Friday said the Income Tax Department has issued refunds worth Rs 1.45 lakh crore to about 89 lakh taxpayers so far this fiscal.

This includes personal income tax (PIT) refunds during this period.

"CBDT issues refunds of over Rs 1,45,619 crore to more than 89.29 lakh taxpayers between 1st April, 2020 to 08th December, 2020," the Finance Ministry said in a tweet.

(PTI Report)