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Oct 14, 2025
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India's net direct tax collection rises 6.33% to over Rs 11.89 lakh crore till October 12
India’s net direct tax revenue climbed 6.33 per cent to over Rs 11.89 lakh crore in the current fiscal year (till October 12), driven by stronger corporate tax collections and slower refund payouts, according to data released by the Income Tax Department.
The total gross direct tax collection stood at Rs 13.92 lakh crore, up from Rs 13.60 lakh crore during the same period last year. Refunds issued declined to Rs 2.03 lakh crore, a fall of nearly 16% compared to Rs 2.41 lakh crore in FY 2024-25.
Within the net collection, corporate tax receipts increased to Rs 5.02 lakh crore from Rs 4.91 lakh crore, while non-corporate tax collections (including individuals and HUFs) rose to Rs 6.56 lakh crore from Rs 5.94 lakh crore.
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