Quick Summary
India's direct tax collections have shown steady momentum in the current financial year, reflecting resilient economic activity and improved tax compliance. As per official data released through TINMIS, net direct tax collections for FY 2025-26 (as on December 17, 2025) stood at ₹17.05 lakh crore, registering an 8% growth compared to the same period last year Gross Collections Touch Nearly ₹20 Lakh Crore The gross direct tax collection during the period reached ₹20.02 lakh crore, up from ₹19.2
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FAQ :
As of December 17, 2025, the net direct tax collections for FY 2025-26 stood at ₹17.05 lakh crore.
Net direct tax collections registered an 8% growth compared to the same period in the previous financial year.
A key factor was a 13.52% decline in refunds, which fell to ₹2.97 lakh crore, alongside strong collections from both corporate and non-corporate taxpayers.
Corporate tax net collections rose to ₹8.17 lakh crore, and non-corporate tax collections increased to ₹8.47 lakh crore.
The steady rise in direct tax collections strengthens the government's fiscal position, potentially allowing for targeted tax relief, increased capital expenditure, or fiscal consolidation without aggressive borrowing.
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