Search For "tax refunds"
CBDT issues over Rs 1,18,324 cr refund to 33.54 lakh taxpayers since April
Updated : 5 years, 5 months ago IST
New Delhi [India], September 30 (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds over Rs 1,18,324 crore to more than 33.54 lakh taxpayers between April 1, 2020, to September 29, 2020, said the Income Tax Department on Wednesday.
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CBDT refunds Rs 88,652 cr to over 24.64 lakh taxpayers from April 1 onward
Updated : 5 years, 7 months ago IST
New Delhi [India], August 21 (ANI): The Central Board of Direct Taxes (CBDT) has so far issued refunds worth over Rs 88,652 crores to more than 24.64 lakh taxpayers since the start of April, officials said on Friday.
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CBDT refunds Rs 71,229 crore during Covid-19 to help taxpayers
Updated : 5 years, 8 months ago IST
New Delhi [India], July 17 (ANI): The Central Board of Direct Taxes (CBDT) said on Friday it issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till a week ago to help taxpayers with liquidity in the Covid-19 pandemic days.
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Tax refunds worth Rs 26,242 crore to tax assesses since April 1: CBDT
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 tax assesses since 1st April to 21st May 2020.
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As a relief to MSMEs, I-T refunds worth Rs 5,204 cr issued in last 10 days
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The Central Board of Direct Taxes (CBDT) on Friday said that income tax refunds to nearly 8.2 lakh small businesses -- proprietors, firms, corporate and trusts -- worth Rs 5,204 crore have been issued since April 8.
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IT Department to release all pending income-tax refunds up to Rs 5 Lakh
Updated : 5 years, 11 months ago IST
New Delhi [India], April 8 (ANI): Considering the prevailing scenario in the country due to COVID-19 and the lockdown, the Ministry of Finance decided to release all pending income-tax refunds up to Rs 5 lakh, immediately, to provide relief to companies and individuals.
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Economic reforms showing impact, says govt giving a recap of steps taken
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Finance Minister Nirmala Sitharaman said on Friday the government has taken concrete measures to implement a planned economic strategy for achieving the five trillion dollar GDP goal by 2024.
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Delhi: Racket busted, 4 held for issuing fake invoices to avail tax refund
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 14 (ANI): Four people were arrested for issuance of invoices without actual supply of goods and thereafter availing fraudulent Input tax credit for seeking Integrated Goods and Service Tax refunds, Finance Ministry said on Saturday.
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Direct Tax collections soar 15.7% higher for FY 2018-19
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 10 (ANI): The provisional figures of Direct Tax collections up to November, 2018 show that gross collections are at Rs. 6.75 lakh crore which is 15.7 percent higher than the gross collections for the corresponding period of last year.
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Processing of Income Tax refunds is faster than ever: CBDT Chairman
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 22 (ANI): The Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra on Monday said that higher level of compliance, various legislative and administrative measures have been taken by the Central Government against tax evasion.
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IT Dept. expedites clearance of pending issue of refunds
Updated : 7 years, 8 months ago IST
New Delhi [India], July 4 (ANI): The Income Tax Department on Wednesday notified that processing of more than 99 percent of refund under the income-tax returns has been cleared with effect and rectification.
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ASSOCHAM solicits relief for exporters under GST
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 9 (ANI): In lieu of the 23rd meeting of the Goods and Services Council in Guwahati starting Thursday, the ASSOCHAM recommended examining the impact of the taxation scheme on exports in a bid to help exporters receive their tax refunds without any further delay.
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