Income tax refunds of ₹92,961 crore issued during this fiscal: CBDT
The Hindu
This figure includes income tax refunds of ₹23,026 crore in 61,53,231 cases
Refunds amounting to more than ₹92,961 crore have been issued to taxpayers during the current financial year, the CBDT said on Thursday.
The Central Board of Direct Taxes (CBDT) frames policy for the Income Tax Department.
This figure includes income tax refunds of ₹23,026 crore in 61,53,231 cases and corporate tax refunds of ₹ 69,934 crore in 1,69,355 cases, an official Twitter post said.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












