September 18, 2026 3:25 PM

Net direct tax collection rises 13 percent to Rs 12.12 lakh crore on higher advance tax mop-up

The government's net direct tax collection rose 13 per cent to over Rs 12.12 lakh crore till September 17 of the current fiscal on higher advance tax mop-up, according to the latest data released on Friday. Corporate tax mop-up grew 19.48 per cent to about Rs 5.56 lakh crore, while non-corporate tax (individuals and HUFs) mop-up increased 6 per cent to over Rs 6.16 lakh crore. Securities Transactions Tax (STT) collection grew 53 per cent to Rs 40,214 crore between April 1 and September 17. Ref...

September 19, 2025 5:19 PM

Net direct tax revenue rises 9.2% to cross ₹10.82 lakh crore

India’s net direct tax collections grew 9.18% year-on-year to cross ₹10.82 lakh crore as of September 17, 2025, aided by a sharp decline of 23.87% in refunds, according to data released by the Central Board of Direct Taxes (CBDT) on Friday. Of the total collections, non-corporate tax revenue rose 13.67% to ₹5.83 lakh crore. This category includes taxes paid by entities not registered as companies under the Companies Act. Net corporate tax collections increased 4.93% to ₹4.72 lakh crore...

February 12, 2025 9:35 AM

India’s net direct tax collection rises 15% to cross ₹17.78 lakh crore in 2024-25

India’s net direct tax collection, comprising corporate tax and personal income tax, increased by 14.69% to cross ₹17.78 lakh crore as of February 10 in the current financial year, compared to ₹15.51 lakh crore in the same period of 2023-24, according to data released by the Central Board of Direct Taxes (CBDT) on Tuesday. The gross direct tax revenue surged by 19.06% to exceed ₹21.88 lakh crore, up from ₹18.38 lakh crore in the corresponding period of the previous year. Revenue from...

January 14, 2025 1:20 PM

Net direct tax collections surge 16% to ₹16.90 lakh crore in FY25

India’s net direct tax collections recorded a robust 15.88% jump to ₹16.90 lakh crore during April 1, 2024–January 12, 2025, compared to the same period of the previous financial year, according to the latest figures compiled by the Income Tax Department. The gross direct tax collections, before refunds, increased by 19.94% to ₹20.64 lakh crore during this period, compared to ₹17.21 lakh crore in the corresponding period of the previous year. Personal income tax collections surged 21...