Advance tax assortment from April 1st to June nineteenth, 2025 elevated to simply 3.87% to Rs 156 lakh. File | Picture Credit score: Particular Preparations
Earlier web tax collections have been 1.39% decrease, 1.39% decrease and 1.39% decrease on this fiscal yr, as authorities information launched on June 21, 2025 (resulting from slower collections within the earlier fiscal yr).
Advance tax assortment from April 1st to June nineteenth, 2025 elevated to simply 3.87% to Rs 156 lakh. Throughout an equal interval in 2024, advance tax assortment recorded an annual development of 27%.
Company assortment witnessed a slowdown of roughly 173 million Rs from April 1 to June 19, 2025, a decline of greater than 5% from the earlier yr.
Nevertheless, non-working tax assortment, primarily together with private revenue tax, recorded a slight enhance of 0.7% to Rs 2.73 crore. The Securities and Alternate Tax (STT) rose 12% to $13,013 trillion over the interval.
Total, from April 1 to June 19, 2025, the web tax assortment Kitty registered a DIP of about Rs 4.59 crore, registering a 1.39% DIP from £4.65 Larkcrore collected throughout the corresponding interval in 2024.
The issuance of refunds has elevated by 58% to this point. Whole direct tax assortment has to this point been Rs 545 lakh, marking a development of 4.86% from the identical interval final yr.
Advance tax assortment for company tax elevated by 5.86% to Rs 1.22 lakh, whereas uncorporate assortment fell by 2.68% to Rs 33,928 crore. Total, from April 1st to June nineteenth, 2025, advance tax assortment elevated by 3.87% to Rs 1.55 crore.
