Net direct tax collections dip 1.39% despite 5% rise in gross mop-up - Here’s why

Saturday, 21 June 2025 (3 weeks ago)
India's net direct tax collections experienced a slight decrease of 1.39% to Rs 4.59 lakh crore due to a significant surge in refund issuances, which rose by 58%. Gross direct tax collections saw a modest increase of 4.86%.

👓 View full article

0 shares	Share Tweet Save Post Send

Refunds, advance tax dip: Net direct mop-up down 1.4% to Rs 4.6L crore

Gross direct tax collections saw a modest increase of under 5% up to June 19, with advance tax receipts growing at a muted 3.9%, signaling potential concerns...
IndiaTimes 3 weeks ago

Net direct tax collections dip 1.39% despite 5% rise in gross mop-up - Here’s why

You Might Like

Related news from verified sources

Refunds, advance tax dip: Net direct mop-up down 1.4% to Rs 4.6L crore