Tax refund claims of ₹1.5L cr pending: Govt
Tax refund claims worth over ₹1.5 lakh crore, for various assessment years, were pending with the Income Tax Department as on February 27, Minister of State for Finance Jayant Sinha said on Tuesday. Further, domestic taxpayers can declare their undisclosed income by paying 45% of the money, inclusive of surcharge and penalty, between June 1 and September 30, Sinha added. 