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Advance taxes grow 4.3% in Q3

Financial Express Lucknow

|

December 20, 2025

Apr-Dec direct tax mop-up rises 8% on lower refunds

- KULDEEP SINGH

THE DECEMBER QUARTER instalment of advance taxes showed a marginal improvement over the previous two quarters, but lagged the yearago growth by a wide margin.

The overall direct tax receipts significantly lagged Budget projections, increasing the chances of a significant shortfall in tax revenue collections in FY26, latest set of official data released on Friday showed.

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