New Delhi, June 27 -- In a written reply to the Lok Sabha on 24 June 2019, Nirmala Sitharaman, Union minister of finance and corporate affairs, stated that, "A total of 7.19 crore income tax returns (ITRs) have been processed in 2018-19. The total amount of refunds released in 2018-19 is Rs.1,61,457.6 crore." She added that Rs.64,700 crore of refunds have been issued so far in fiscal year 2019-20....