COVID 19: Govt. to Roll Out Pending Income Tax Refunds worth Rs 5 lakh
he Government has rolled out a positive announcement for the taxpayers amid the Cornovirus pandemic. As per the twitter account of Income-tax India, the Government has confirmed to issue all pending tax refunds up to Rs 5 lakh.
Apart from that, the Government also decided to issue GST and Custom refund, which will be going to serve 1 Lakh business entity, including micro, small, and medium enterprises (MSMEs).