India Direct Tax Surge 2025

  Published 5 months ago

India's direct tax collections rose 6.33% to Rs 11.89 lakh crore by October 12 fiscal year.

  • Gross direct tax reached Rs 13.92 lakh crore, up from Rs 13.60 lakh crore previously.
  • Refunds fell 16% to Rs 2.03 lakh crore, down from Rs 2.41 lakh crore last.
  • Corporate tax up 2% to Rs 5.02 crore; non-corporate tax rose 10.49% to Rs 6.56.

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