Direct and Advance Tax Collection Updates for FY 2025-26 (as on 19.06.2025)

As of June 19, 2025, the Ministry of Finance has reported updates on direct and advance tax collections for FY 2025-26. Gross direct tax collections reached ₹5,45,207.15 crore, showing a 4.86% increase compared to the corresponding period in FY 2024-25. Corporate tax collections rose by 9.47% to ₹2,49,672.09 crore, and securities transaction tax (STT) grew by 12.12% to ₹13,013.04 crore. However, refunds surged by 58.04%, amounting to ₹86,385.31 crore, reflecting improved taxpayer services and faster issuance of refunds. Consequently, net direct tax collections slightly declined by 1.39% to ₹4,58,821.84 crore.

In terms of advance tax collections, a total of ₹1,55,533 crore was collected, reflecting a 3.87% increase from ₹1,49,739.03 crore in the previous fiscal. Corporate tax contributions grew by 5.86% to ₹1,21,604.48 crore, while non-corporate tax collections saw a slight dip of 2.68%, amounting to ₹33,928.32 crore.

These figures highlight the government’s focus on enhancing taxpayer services and efficient revenue administration. For more details, visit the Ministry of Finance updates.

Direct Tax Collections for F.Y. 2025-26 (as on 19.06.2025)

(Rs. In Crore)

Source: TINMIS

STT: Securities Transaction Tax 

* NCT includes taxes paid by individuals, HUFs, Firms, AoPs, BoIs, Local Authorities, Artificial Juridical Person

* Refunds have increased by 58.04% (as on 19.06.2025) compared to corresponding period of last year reflecting better taxpayer services and quicker issuance of refunds.

Advance Tax Collections for F.Y. 2025-26 (as on 19.06.2025)

(Rs. In Crore)

Source: TINMIS

* NCT includes taxes paid by individuals, HUFs, Firms, AoPs, BoIs, Local Authorities, Artificial Juridical Person