Fri Dec 19 09:13:35 UTC 2025: Summary:

India’s net direct tax collection grew by 8% to ₹17.04 lakh crore between April 1 and December 17, 2025. This includes corporate tax mop up of ₹8.17 lakh crore and non-corporate tax of ₹8.47 lakh crore. Net Securities Transaction Tax (STT) revenue was ₹40,195 crore. Refund issuance decreased by 14% to ₹2.97 lakh crore. Gross direct tax collections grew by 4.16% to ₹20.01 lakh crore. The government projects direct tax collection at ₹25.20 lakh crore for the current fiscal year and aims to collect ₹78,000 crore from STT.

News Article:

India’s Direct Tax Collection Surges, Reflecting Economic Growth

New Delhi, December 19, 2025 – India’s income tax department released data on Friday, December 17, 2025, revealing a robust 8% growth in net direct tax collection, reaching over ₹17.04 lakh crore between April 1 and December 17. This growth underscores the nation’s economic resilience and improving tax compliance.

The figures break down into ₹8.17 lakh crore from net corporate tax and ₹8.47 lakh crore from non-corporate tax. Revenue from Securities Transaction Tax (STT) reached ₹40,195 crore during the same period.

While gross direct tax collections saw a 4.16% increase to ₹20.01 lakh crore, refund issuances experienced a 14% dip compared to the previous year, totaling ₹2.97 lakh crore.

The government has projected direct tax collection to reach ₹25.20 lakh crore for the current fiscal year (2025-26), representing a 12.7% year-on-year increase. The government also aims to collect ₹78,000 crore from STT in FY26. The rise in direct tax collections reflects a positive trend in the Indian economy.

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