Direct tax mop up for 2024-25 fiscal misses target owing to higher refunds

Direct tax mop up for 2024-25 fiscal misses target owing to higher refunds https://www.taxtmi.com/news?id=42042 Net direct tax receipts for the 2024-25 fiscal narrowly fell short of the revised budget target because issuance of record refunds reduced the net mop up, despite substantial year on year growth in provisional gross and net collections; final totals remain provisional pending last stage reconciliation and adjustments. en-us Fri, 25 Apr 2025 22:46:04 +0530 Fri, 25 Apr 2025 22:46:04 +0530 TaxTMI RSS Generator Direct tax mop up for 2024-25 fiscal misses target owing to higher refunds https://www.taxtmi.com/news?id=42042 Net direct tax receipts for the 2024-25 fiscal narrowly fell short of the revised budget target because issuance of record refunds reduced the net mop up, despite substantial year on year growth in provisional gross and net collections; final totals remain provisional pending last stage reconciliation and adjustments. News - Fri, 25 Apr 2025 22:46:04 +0530 https://www.taxtmi.com/news?id=42042