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Net Tax Mop-Up Slips 4% Due To Rise In Refunds
The New Indian Express Bhubaneswar
|August 13, 2025
NET tax collection by the mid-point of the second quarter of FY26 (till August 11) has contracted by 3.95% compared to the corresponding period last year, as per the latest data released by the Central Board of Direct Taxes (CBDT).
The CBDT figures reveal net tax collection by mid-Q2FY26 stood at ₹6.63 lakh crore, which was at ₹6.91 lakh crore as of August 11, 2024. The gross revenue saw a fall of 1.87%, as it went down from ₹8.14 lakh crore in the corres
This story is from the August 13, 2025 edition of The New Indian Express Bhubaneswar.
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