India’s net direct tax collections have recorded a significant increase, rising by 13% to ₹21.26 trillion as of March 16 in the current fiscal year. This growth is primarily attributed to higher advance tax payments, indicating the country’s economic resilience and improved tax

India’s net direct tax collections have surged to ₹21.26 trillion as of March 16, 2025, marking a 13.13% increase compared to the same period in the previous fiscal year. This substantial growth indicates strong economic activity and enhanced tax compliance across the country. Breakdown of Tax Collections The net corporate tax collection between April 1, […]

India's direct tax collections for FY2024-25 exceed budget estimates by ₹73,000-83,000 crore, though tax buoyancy shows a decline.