Of the total tax collected until June 16, corporation tax accounted for 1.81 trillion, while personal income tax (I-T) stood at 2.69 trillion. This includes advance collections, which contributed â¹1.48 trillion during the period, they said. The first instalment of advance tax payment was due on June 15.
The tax collections until June 16, after adjusting net of refunds, are lower than the government's FY25 projection, which has provisioned 13 per cent growth for both corporate and personal I-T collection in the Interim Budget.
"These are the provisional figures and reflect payments until midnight of June 16," said the official cited above.
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Engagement speaks louder than followers
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