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FY25 Advance Taxes Up 14.6%

Financial Express Delhi

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March 18, 2025

CIT MOP-UP, too, grew 17.3%, lower than 20.3% pegged in RE. Collections from securities transaction tax (STT), however, surged nearly 56% to ₹53,095 crore so far this fiscal.

Meanwhile, refunds worth more than ₹4.60 lakh crore were issued during the period against ₹3.47 lakh crore in the year-ago period. Gross direct tax mop-up till March 16 grew 16.2% to ₹25.87 lakh crore.

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