US EditionNet Direct Tax Collection Dips 1.39% to ₹4.59 Lakh Crore in April-June
- India's net direct tax collection from April 1 to June 19, 2025, stood at Rs 4.59 lakh crore, reflecting a 1.39% decline year-on-year.
- This dip followed slower overall advance tax growth of 3.87% to Rs 1.56 lakh crore, contrasted with a 27% rise during the comparable 2024 period.
- Contributions to advance tax from corporate entities increased by 5.86% to reach 1.22 lakh crore rupees, whereas collections from other sectors fell by 2.68% to 33,928 crore rupees during the same period.
- Gross direct tax collections reached Rs 5.45 lakh crore, up 4.86% year-on-year, and tax refunds rose by 58%, to Rs 86,385 crore, indicating faster return processing.
- These trends suggest robust corporate compliance amid moderated individual contributions, while ongoing tax code reforms and digital tools aim to simplify compliance further.
13 Articles
13 Articles
The Print
Net direct tax collection dips 1.39 pc to Rs 4.59 lakh cr in Apr-Jun
New Delhi, Jun 21 (PTI) Net direct tax collection so far this fiscal stood at Rs 4.59 lakh crore, 1.39 per cent lower compared to the mop-up during the corresponding period of last fiscal, as advance tax collections slowed, government data released on Sunday showed. Advance tax collection during April 1-June 19, 2025 grew a […]
Net Direct Tax Collection Dips 1.39 Pc to Rs 4.59 Lakh Cr in Apr-Jun
Get latest articles and stories on India at LatestLY. Net direct tax collection so far this fiscal stood at Rs 4.59 lakh crore, 1.39 per cent lower compared to the mop-up during the corresponding period of last fiscal, as advance tax collections slowed, government data released on Sunday showed. India News | Net Direct Tax Collection Dips 1.39 Pc to Rs 4.59 Lakh Cr in Apr-Jun.
Gross direct tax collections up 4.9 pc at Rs 5.45 lakh crore, refunds rise 58 pc - OrissaPOST
New Delhi: The gross direct tax collection (corporate tax, non-corporate tax, securities transaction tax and other levies) in the current fiscal (2025-26) rose by 4.86 per cent to Rs 5.45 lakh crore (as of June 19), according to the latest figures released by the Income Tax (I-T) department. However, net collections saw a marginal decline due to a rise in refunds. Net direct tax collection saw a marginal decline of 1.39 per cent to Rs 4,58,822 c…
Net direct tax collection fell by 1.3 percent, the figure reached Rs 4.5 lakh crore.
Coverage Details
Bias Distribution
- 80% of the sources lean Right
To view factuality data please Upgrade to Premium
