Web Direct Tax assortment dips 1.39% to ₹4.59 lakh crore in April-June

Web direct tax assortment to date this fiscal stood at ₹4.59 lakh crore, 1.39% decrease in comparison with 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 assortment throughout April 1-June 19, 2025 grew a meagre 3.87% to ₹1.56 lakh crore. Within the comparable interval in 2024, advance tax assortment had recorded an annual development of 27%.

Throughout April 1-June 19, 2025, company tax assortment witnessed a slowdown at about ₹1.73 lakh crore, a decline of greater than 5% 12 months over 12 months.

Web direct tax collections decelerate marginally to the touch 15.88% in January

Non-corporate tax collections, which embrace primarily private revenue tax, nonetheless, 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.

General, the online direct tax assortment 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 within the corresponding interval in 2024.

Refund issuances elevated by 58% to date this fiscal to ₹86,385 crore. Gross direct tax assortment stood at ₹5.45 lakh crore to date this fiscal, logging a development of 4.86% from the year-ago interval.

Advance tax assortment in company tax noticed a development of 5.86% to ₹1.22 lakh crore, whereas non-corporate tax assortment dropped 2.68% to ₹33,928 crore. General, advance tax assortment grew 3.87% to ₹1.55 lakh crore throughout April 1-June 19, 2025.