covid-19 Government Department Coronavirus

₹5 lakh with immediate effect

Reading now: 562
www.livemint.com

The Income Tax Department on Wednesday said due to the coronavirus (Covid-19) situation in the country and to grant immediate relief to taxpayers, the government has decided to issue all pending income-tax refunds upto ₹5 lakh and GST/Custom refunds with immediate effect.

The government will also issue pending GST and customs refunds of ₹18,000 crore to provide relief to business entities, the tax department added. "In context of COVID-19 situation & to grant immediate relief to taxpayers, GOI has decided to issue all pending income-tax refunds upto Rs.5 lakh & GST/Custom refunds with immediate effect", said Income Tax Department.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA