Over Rs 1.54 trillion income tax refunds issued this fiscal so far
NEW DELHI: The income tax department on Thursday said it has issued refunds of over Rs 1.54 lakh crore to more than 1.59 crore taxpayers so far this fiscal. This includes 1.20 crore refunds of Assessment Year 2021-22 (fiscal ended March 31, 2021), amounting to Rs 23,406.28 crore. “CBDT issues refunds of over Rs 1,54,302 […]
Income tax to help developers liquidate unsold inventory: Finance ministry
NEW DELHI: The government of India’s move to allow primary or first sale of housing units costing up to Rs 2 crore at a price 20 per cent below the stamp duty circle rate would enable real estate developers to liquidate their unsold inventory and also benefit homebuyers, the finance ministry said on Friday. The […]