Income tax department issued Rs 1.27 lakh refunds to more than 39.14 lakh taxpayers: Finance secretary

"The income tax department has created a DBT (Direct Benefit Transfer) like architecture to execute quick refunds transfer directly into the bank account of the assessee in a seamless manner and at a larger scale,” the finance secretary said.

from Personal Finance News-Wealth-Economic Times https://ift.tt/34JaYCz