The Income Tax (I-T) department has issued refunds worth Rs 71,229 crore to over 21 lakh taxpayers during April 8 to July 11. This includes personal income tax (PIT) refunds of Rs 24,603 crore issued to 19.79 lakh individuals and corporate tax refunds amounting to Rs 46,626 crore to over 1.45 lakh taxpayers during this period.
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