New Delhi, Jan 27 (PTI) The Income Tax department on Thursday said it has issued refunds worth Rs 1.62 lakh crore to more than 1.79 crore taxpayers so far this fiscal.

This includes 1.41 crore refunds for 2020-21 fiscal amounting to Rs 27,111.40 crore.

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"CBDT issues refunds of over Rs 1,62,448 crore to more than 1.79 crore taxpayers from 1st Apr,2021 to 24th Jan,2022," the Income Tax department tweeted.

This includes personal Income Tax refunds of Rs 57,754 crore issued to over 1.77 crore entities and corporate tax refunds of Rs 1.04 lakh crore have been issued in 2.23 lakh cases.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)