The Central Board of Direct Taxes (CBDT), announced via its Twitter account, that it has issued refunds of over Rs 1,50,407 crore to more than 1.48 crore taxpayers from 1st April,2021 to 3rd January,2022.

“Income tax refunds totaling Rs. 51,194 crore were distributed in 1,46,24,250 cases, while corporate tax refunds totaling Rs. 99,213 crore were distributed in 2,19,913 cases. This includes 1.1 crore refunds for the fiscal year 2021-22, totaling Rs. 21,323.55 crore,” stated the tweet.