{"id":8220,"date":"2020-04-08T15:12:18","date_gmt":"2020-04-08T15:12:18","guid":{"rendered":"https:\/\/sunkrish.com\/?p=8220"},"modified":"2020-04-08T15:22:47","modified_gmt":"2020-04-08T15:22:47","slug":"all-pending-income-tax-refunds-up-to-rs-5-lakh-to-be-released-immediately-amid-rise-in-coronavirus-cases","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2020\/04\/08\/all-pending-income-tax-refunds-up-to-rs-5-lakh-to-be-released-immediately-amid-rise-in-coronavirus-cases\/","title":{"rendered":"All pending income tax refunds up to Rs 5 lakh to be released immediately, amid rise in coronavirus cases."},"content":{"rendered":"<figure id=\"attachment_3371\" class=\"thumbnail wp-caption alignleft\" style=\"width: 187px\"><a href=\"https:\/\/sunkrish.com\/wp-content\/uploads\/Tax-refund.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-3371 size-full\" src=\"https:\/\/sunkrish.com\/wp-content\/uploads\/Tax-refund.jpg\" alt=\"\" width=\"187\" height=\"172\" srcset=\"https:\/\/sunkrish.com\/wp-content\/uploads\/Tax-refund.jpg 187w, https:\/\/sunkrish.com\/wp-content\/uploads\/Tax-refund-150x138.jpg 150w\" sizes=\"auto, (max-width: 187px) 100vw, 187px\" \/><\/a><figcaption class=\"caption wp-caption-text\"><span style=\"color: #808080;\"><em>The Ministry of Finance said that, IT Department to release all pending income tax refunds up to Rs 5 lakhs immediately. Around 14 lakh taxpayers to benefit.<\/em><\/span><\/figcaption><\/figure>\n<p>In the context of the COVID-19 situation and with a view to providing immediate relief to the business entities and individuals, it has been decided to issue all the pending income-tax refunds up to Rs. 5 lakh, immediately.<\/p>\n<p>This would benefit around 14 lakh taxpayers.<\/p>\n<p>It has also been decided to issue all pending GST and Custom refunds which would provide benefit to around 1 lakh business entities, including MSME.<\/p>\n<p>Thus, the total refund granted will be approximately Rs. 18,000 crore.<\/p>\n<div class=\"hrule clearfix\"><\/div>\n<p><a href=\"https:\/\/sunkrish.com\/index.php\/2020\/04\/08\/all-pending-income-tax-refunds-up-to-rs-5-lakh-to-be-released-immediately-amid-rise-in-coronavirus-cases\/press-release\/\" target=\"_blank\" rel=\"attachment noopener wp-att-8221 noreferrer\">Read Press Release<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the context of the COVID-19 situation and with a view to providing immediate relief to the business entities and individuals, it has been decided to issue all the pending income-tax refunds up to Rs. 5 lakh, immediately. This would &hellip; <a href=\"https:\/\/sunkrish.com\/index.php\/2020\/04\/08\/all-pending-income-tax-refunds-up-to-rs-5-lakh-to-be-released-immediately-amid-rise-in-coronavirus-cases\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":3371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4,493,491],"tags":[1013,535,455,451,494,429],"class_list":["post-8220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-business-advisory-services","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","category-income-tax-e-filing-of-returns-for-individuals-partnerships-companies","tag-covid-19","tag-goods-and-services-tax-gst","tag-income-tax","tag-income-tax-return-itr","tag-msmes","tag-sme"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/8220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=8220"}],"version-history":[{"count":12,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/8220\/revisions"}],"predecessor-version":[{"id":8234,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/8220\/revisions\/8234"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/3371"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=8220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=8220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=8220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}