New Delhi, Dec 19 || India’s net direct tax collections recorded an 8 per cent growth to Rs 17.05 lakh crore so far in the current financial year (2025-26), on the back of a steady growth in corporate tax receipts, according to figures released by the Income Tax Department on Friday.
Net direct tax collections between April 1 and December 17, 2025 touched Rs 17,04,725 crore, compared with Rs 15,78,433 crore in the same period of the previous year. Gross direct tax collections grew 4.16 per cent year-on-year to Rs 20,01,794 crore.
Corporate tax collections were the biggest contributor, with net corporate tax rising to Rs 8,17,310 crore, from Rs 7,39,353 crore a year ago. Net non-corporate tax collections, which include taxes paid by individuals and other entities such as Hindu undivided families, increased to Rs 8,46,905 crore from Rs 7,96,181 crore.
Tax refunds issued during the April-December by the Income Tax Department, declined by 13.52 per cent to Rs 2,97,069 crore, from Rs 3,43,499 crore in the same period of the previous year.