Advance income tax collections up 4% in FY26 so far, net direct tax kitty down 1.5%: Key takeaways
Advance Income Tax Collection April-June 2025: The central government’s advance income tax collections registered modest growth of 4 per cent to Rs 1.54 lakh crore for the financial year so far. As of June 16, the net collections stood at Rs 4.56 lakh crore, marking a year-on-year decline of 1.5 per cent. Within net tax…