Quick Summary
India's direct tax collections have recorded steady growth in the current financial year, reflecting improved compliance and stable economic activity. According to official data,net direct tax collections for FY 2025-26 stood at Rs 22.80 lakh crore as of March 17, 2026, marking a 7.19% increase compared to the corresponding period last year. Gross Collections Show Moderate Growth Gross direct tax collections rose to Rs 27.14 lakh crore, up 4.86% year-on-year, indicating consistent inflows fr
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FAQ :
As of March 17, 2026, net direct tax collections for FY 2025-26 stood at Rs 22.80 lakh crore.
Net direct tax collections saw a 7.19% increase compared to the corresponding period last year.
The growth was driven by improved tax compliance, stable economic activity, strong advance tax collections (especially from corporations), and a reduction in tax refunds.
Total advance tax collections rose by 6.42% to Rs 11.13 lakh crore, with corporate advance tax increasing by 9.54%.
Tax refunds declined by 5.86% to Rs 4.34 lakh crore during the period, which helped strengthen net collections.
The steady upward trajectory in direct tax collections suggests the government is likely on track to meet its fiscal targets for FY 2025-26.
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