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Rs 62,361 Crore Refunds Issued To Over 20 Lakh Taxpayers Amid COVID-19 Pandemic: Finance Ministry
03 Jul 2020, 12:59 PM IST i

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Tax refunds worth Rs 62,361 crore have been issued amid the COVID-19 pandemic
The finance ministry on Friday said that Income Tax (I-T) department has issued tax refunds worth Rs 62,361 crore to over 20 lakh taxpayers amid the COVID-19 pandemic. "Income tax refunds amounting to Rs 23,453.57 crore have been issued in 19,07,853 cases to taxpayers and corporate tax refunds amounting to Rs. 38,908.37 crore have been issued in 1,36,744 cases to taxpayers during this period," the release stated.
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