â¹70,000 crore in I-T refunds issued, 99% claims processed
Income tax refunds worth over â¹70,000 crore have been issued and over 99% of all refund claims pending as on June-end have been processed, the Central Board of Direct Taxes has said. Refunds in 45.07 lakh cases have been issued during April-June 2018, which is 9 lakh more than the refunds issued during the same period last year.