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Finance ministry will release ₹18,000 crore in tax refunds

April 09, 2020

Finance ministry will release ₹18,000 crore in tax refunds

Indian Government will release ₹18,000 crore in tax refunds to businesses due to the outbreak of coronavirus in the country.

The move will benefit a large number of businesses around the country. The move is a part of the government’s recent relief in interest, fees, and penalties during the complete lockdown.

Ministry will include GST and customs duty refunds as the businesses are facing problems during the lockdown which will help the large and small organizations.

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