India's direct tax collection rises 13% to Rs 21.27 lakh crore

India's net direct tax collection increased by 13.1% to Rs 21.27 lakh crore for the financial year 2025, as reported on March 17. This growth reflects a rise in both corporate and non-corporate tax collections. Corporate tax collections reached Rs 9.69 lakh crore, up from Rs 9.05 lakh crore last year. Non-corporate tax collections, mainly from personal income tax, totaled Rs 11.01 lakh crore. The government issued Rs 4.6 lakh crore in refunds, a 32.5% increase from the previous year. Gross direct tax collections grew by 16.2% to Rs 25.87 lakh crore. The target for direct tax collection this fiscal year is Rs 22.07 lakh crore.