Income Tax Refunds
Income Tax Refunds News
The income tax department has sent e-mails to 1.72 lakh assessees, including start-ups, companies and individuals, who have outstanding tax demands as well as tax refunds asking them to provide as update on the payment
Pending income tax refunds up to Rs 5 lakh to be released immediately, says govt; move to benefit 14 lakh taxpayers
In an attempt to provide some relief to taxpayers, the Ministry of Finance on Wednesday decided to release all pending Income Tax refunds up to Rs 5 lakh with immediate effect
The Income Tax department has issued Rs 64,700 crore worth refunds in the current fiscal, and for full 2018-19 fiscal the amount released was over Rs 1.61 lakh crore, Finance Minister Nirmala Sitharaman said on Monday
Anil Ambani's RCom group to pay Rs 453 crore in four weeks, by 19 March, failing which Ambani will have to go to jail.
Lenders of RCom have opposed its plea, saying that it will lead to outgo of public money for settling payment of a private party.