IT Department to release all pending income tax refunds up to ₹ 5 lakhs immediately ; Around 14 lakh taxpayers to benefit

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..... IT Department to release all pending income tax refunds up to ₹ 5 lakhs immediately ; Around 14 lakh taxpayers to benefit - News and Press Release Dated:- 8-4-2020 - News - IT Department to r .....

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..... elease all pending income tax refunds up to ₹ 5 lakhs immediately ; Around 14 lakh taxpayers to benefit All GST CUSTOM refunds also to be released ; to provide benefit to around 1 lakh bu .....

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..... siness entities including MSMEs ₹ 18,000 crore of total refund granted immediately In the context of the COVID-19 situation and with a view to provide immediate relief to the business .....

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..... entities and individuals, it has been decided to issue all the pending income-tax refunds up to ₹ 5 lakh, immediately. This would benefit around 14 lakh taxpayers. It has also been decid .....

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..... ed to issue all pending GST and Custom refunds which would provide benefit to around 1 lakh business entities, including MSME. Thus, the total refund granted will be approximately ₹ 18,000 crore .....

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..... . - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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