CBDT refunds Rs.262.4 bln to 1.7 mln taxpayers

by Nidhi Bhati

The Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs.262.4 billion to 1.7 million tax assesses during 1 April-21 May 2020. The CBDT has refunded Rs.146.3 billion to personal income taxpayers and Rs.116.1 billion to corporates. More than 1.5 million personal income taxpayers and 102,392 corporate taxpayers benefited during the period.

References
1. https://www.thehindubusinessline.com/economy/i-t-refunds-worth-over26000-cr-settledcbdt/article31651420.ece
CMIE STATISTICS
Unemployment Rate
Per cent
24.0 -0.2
Consumer Sentiments Index
Base September-December 2015
40.6 0.0
Consumer Expectations Index
Base September-December 2015
42.0 0.0
Current Economic Conditions Index
Base September-December 2015
38.5 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Jun 19 Sep 19 Dec 19 Mar 20
New projects 1.12 2.19 5.02 3.07
Completed projects 0.88 0.85 1.65 1.30
Stalled projects 0.13 0.41 0.60 0.59
Revived projects 0.29 0.54 0.83 0.42
Implementation stalled projects 0.98 0.85 0.15 5.75
Updated on: 28 May 2020 9:28AM
Quarterly Financials of Listed Companies
(% change) Jun 19 Sep 19 Dec 19 Mar 20
All listed Companies
 Income 4.7 -2.2 -1.7 0.3
 Expenses 2.7 -3.1 -2.2 1.7
 Net profit 17.4 -2.4 -10.2 -2.3
 PAT margin (%) 6.2 5.3 5.2 9.8
 Count of Cos. 4,466 4,425 4,375 290
Non-financial Companies
 Income 2.4 -6.4 -5.4 -3.8
 Expenses 1.7 -6.7 -6.3 -3.4
 Net profit -8.7 -14.5 -13.2 4.8
 PAT margin (%) 6.3 5.8 5.8 11.5
 Net fixed assets 10.4 23.4
 Current assets 4.9 10.2
 Current liabilities 4.9 10.0
 Borrowings 8.5 16.7
 Reserves & surplus 6.1 15.2
 Count of Cos. 3,347 3,323 3,279 231
Numbers are net of P&E
Updated on: 28 May 2020 9:28AM
Annual Financials of All Companies
(% change) FY17 FY18 FY19
All Companies
 Income 6.1 8.1 14.8
 Expenses 6.1 9.6 15.1
 Net profit 26.2 -40.0 21.8
 PAT margin (%) 3.3 2.0 3.2
 Assets 8.6 10.9 10.0
 Net worth 9.6 7.5 9.2
 RONW (%) 5.8 3.5 5.3
 Count of Cos. 28,088 25,721 16,984
Non-financial Companies
 Income 5.8 8.3 15.6
 Expenses 6.0 8.4 16.0
 Net profit 22.9 -8.8 20.4
 PAT margin (%) 2.9 2.8 4.1
 Net fixed assets 9.2 6.9 5.8
 Net worth 8.9 6.0 8.7
 RONW (%) 6.2 5.7 8.3
 Debt / Equity (times) 1.1 1.0 0.8
 Interest cover (times) 2.0 2.2 2.8
 Net working capital cycle (days) 85 76 56
 Count of Cos. 22,931 20,946 13,206
Numbers are net of P&E
Updated on: 20 May 2020 11:49AM