Net direct tax collection to this point this fiscal stood at ₹4.59 lakh crore, 1.39% decrease in contrast to the mop-up through the corresponding interval of final fiscal, as advance tax collections slowed, authorities knowledge launched on Sunday (June 21, 2025) confirmed.
Advance tax collection throughout April 1-June 19, 2025 grew a meagre 3.87% to ₹1.56 lakh crore. In the comparable interval in 2024, advance tax collection had recorded an annual progress of 27%.
During April 1-June 19, 2025, company tax collection witnessed a slowdown at about ₹1.73 lakh crore, a decline of greater than 5% yr over yr.
Net direct tax collections decelerate marginally to contact 15.88% in January
Non-corporate tax collections, which embrace primarily private earnings tax, nevertheless, recorded a slight improve of 0.7% to ₹2.73 lakh crore. Securities Transaction Tax (STT) grew 12% to ₹13,013 crore through the interval.
Overall, the online direct tax collection kitty stood at about ₹4.59 lakh crore throughout April 1-June 19, 2025, registering a 1.39% dip from ₹4.65 lakh crore collected in the corresponding interval in 2024.
Refund issuances elevated by 58% to this point this fiscal to ₹86,385 crore. Gross direct tax collection stood at ₹5.45 lakh crore to this point this fiscal, logging a progress of 4.86% from the year-ago interval.
Advance tax collection in company tax noticed a progress of 5.86% to ₹1.22 lakh crore, whereas non-corporate tax collection dropped 2.68% to ₹33,928 crore. Overall, advance tax collection grew 3.87% to ₹1.55 lakh crore throughout April 1-June 19, 2025.