India’s Gross Direct Tax Collections Double In Five Years; Driven By Tech And Compliance Gains
India’s Gross Direct Tax Collections have more than doubled over the last five years, signalling strong economic growth and improved tax compliance supported by advanced digital systems.
India’s Direct Tax Collections Rise 16.15% To Rs 25.86 Lakh Crore In FY 2024-25
India's direct tax collections grew 16.15% YoY to Rs 25.86 lakh crore in FY 2024-25 (as of March 16), per CBDT data.
India’s Net Direct Tax Collections Surge By 15.88% To Rs 16.90 Lakh Crore
Gross direct tax collections, before refunds, rose by 19.94%, reaching Rs 20.64 lakh crore, up from Rs 17.21 lakh crore in the corresponding period of the previous year.
