India's Treasury Sees Significant Boost as Direct Tax Collection Nears ₹23 Lakh Crore

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India's Direct Tax Collection Nears ₹23 Lakh Crore, Economy Shows Strength

सरकार ने 11 लाख करोड़ रुपये का कॉर्पोरेट टैक्स वसूला है.

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News18•18-03-2026, 23:25

India's Direct Tax Collection Nears ₹23 Lakh Crore, Economy Shows Strength

•India's net direct tax collection reached ₹22.80 lakh crore, an annual increase of 7.19%.
•Corporate tax and Securities Transaction Tax (STT) significantly boosted government revenue.
•Total collection includes ₹10.91 lakh crore from corporate tax and ₹11.32 lakh crore from non-corporate tax.
•Tax refunds amounted to ₹4.35 lakh crore; gross direct tax collection stood at ₹27.15 lakh crore.
•Growth rate slowed slightly due to budget concessions for the middle class, including tax exemption for incomes up to ₹12 lakh under the new regime.

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