Reported 9 months ago
The first batch of comprehensive income tax refunds for the year 112 have been announced, with over 3.43 million cases and a total refund amount of 559.2 billion yuan, expected to be credited by July 31 as per the statistics from the Ministry of Finance. The Ministry explained that the comprehensive income tax refunds will be distributed in three phases, with the first phase consisting of 3.357 million cases and a total refund amount of 549.6848 billion yuan, to be credited on July 31. Citizens who have not applied for direct refunds can do so online from June 26 to July 10 or submit the required documents to the tax authorities before July 10. The Ministry also reminded that those receiving direct refunds will see the money credited on July 31, while others can claim their refunds at financial institutions from July 31 to September 30 using the refund vouchers mailed by the tax authorities.
Source: YAHOO