-
Dec 20, 2025
-
India's net direct tax collections rise 8% to Rs 17.05 lakh cr this FY till Dec 17
India’s net direct tax collections rose 8% to Rs 17.05 lakh crore so far in the current financial year, helped by steady growth in corporate tax receipts and lower refunds, official data showed Friday.
Data released by the Income Tax department showed that net collections between April 1 and December 17, 2025, stood at Rs 17,04,725 crore, compared with Rs 15,78,433 crore in the same period last year. Gross direct tax collections grew 4.16% year-on-year to Rs 20,01,794 crore.
Corporate tax collections remained the biggest contributor, with net corporate tax rising to Rs 8,17,310 crore, up from Rs 7,39,353 crore a year ago. Net non-corporate tax collections, which include taxes paid by individuals and other entities, increased to Rs 8,46,905 crore from Rs 7,96,181 crore.
|