Centre’s gross tax collections dip 1.9% so far this year, refunds squeeze net collections further

Net collections contract 3.9% till August 11, due to high volume of refunds; gross tax shortfall due to 8.3% drop in collections from non-corporate category, which includes income tax paid by individuals

Aug 12, 2025 - 22:40
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Centre’s gross tax collections dip 1.9% so far this year, refunds squeeze net collections further
Net collections contract 3.9% till August 11, due to high volume of refunds; gross tax shortfall due to 8.3% drop in collections from non-corporate category, which includes income tax paid by individuals

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