Archive · 19 Dec 2025
India's Direct Tax Collections Rise 8%
India's net direct tax collections have grown by 8% to ₹17.05 lakh crore from April to mid-December 2025.
This growth is mainly because companies paid more taxes and the government gave out fewer refunds.
Corporate taxes increased by 10.5%, while taxes from individuals grew by 6.4%, which is slower than expected.
The government has lowered personal income tax rates to help people keep more of their money, which might be why individual tax collections grew more slowly.
The government aims to collect ₹25.20 lakh crore in direct taxes this year, but it still needs to collect ₹8.15 lakh crore to meet this goal.
India's net direct tax collections rose by 8% to ₹17.05 lakh crore from April to mid-December 2025.
Gross direct tax collections grew by 4.16% year-on-year to ₹20,01,794 crore.
Net corporate tax collections increased by 10.5% to ₹8,17,310 crore, while net non-corporate tax collections grew by 6.4% to ₹8,46,905 crore.
Tax refunds issued declined by 13.52% to ₹2,97,069 crore.
The government aims to collect ₹25.20 lakh crore in direct taxes for the year, with ₹8.15 lakh crore remaining to meet the target.
- Who
- Income Tax Department, Corporate and Non-Corporate Assessees
- What
- India's net direct tax collections rise 8% to ₹17.05 lakh crore
- When
- April 1 to December 17, 2025
- Where
- India
- Why
- Due to steady growth in corporate tax receipts and a reduction in tax refunds
- Net Direct Tax Collections
- ₹17.05 lakh crore
- Gross Direct Tax Collections
- ₹20,01,794 crore
- Net Corporate Tax Collections
- ₹8,17,310 crore
- Net Non-Corporate Tax Collections
- ₹8,46,905 crore
- Tax Refunds Issued
- ₹2,97,069 crore
- Securities Transaction Tax
- ₹40,195 crore
- Total Advance Tax Paid
- ₹7,88,388 crore
- Corporate Advance Tax
- ₹6,07,300 crore
- Non-Corporate Advance Tax
- ₹1,81,088 crore
- Direct Tax Collection Target
- ₹25.20 lakh crore
Sources
Advance tax growth slows to 4.3% after 3rd instalment
Net direct tax collections rise 8% till Dec 17, refunds down 13.5%: Income Tax Dept
Direct Tax Collections Leap 8% To ₹17.05 Lakh Crore In April-December
Centre’s net direct tax collections rise 8% to ₹17 trillion by mid-December
Net direct tax collections rise 8% YoY to Rs 17.05 lakh crore in FY26 on lower refunds
India’s net direct tax collections record robust growth of 8%
Net direct tax mop up grows 8 pc to Rs 17 lakh cr on slower refunds, higher corp advance tax
Advance taxes grow 4.3% in Q3, non-corporate sector sluggish
Income tax refunds decline 14% even as direct tax collections grow for Apr-Dec 2025
