India’s net direct tax collection rose 6.33% year-on-year to ₹11.89 lakh crore as of October 12 in the current fiscal year, driven by stronger corporate tax receipts and a decline in refund issuances, government data showed.

The increase came even as refund payouts fell 16% to ₹2.03 lakh crore during April 1–October 12, 2025.

During the same period, net corporate tax collection rose to ₹5.02 lakh crore from ₹4.92 lakh crore a year earlier. Non-corporate tax receipts, which include individual and Hindu Undivided Family (HUF) taxpayers, climbed to ₹6.56 lakh crore from ₹5.94 lakh crore in the year-ago period.

Collection from the Securities Transaction Tax (STT) was ₹30,878 crore, marginally higher than ₹30,630 crore a year earlier.

Overall, gross direct tax collection, before adjusting f

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