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Net direct tax revenue jumps 6% to ₹11.9 lakh crore
Financial Express Kolkata
|October 14, 2025
NET DIRECT TAX collection grew 6.33% so far this fiscal to over ₹11.89 lakh crore due to higher corporate tax mop-up and slower refunds.
Refund issuances dropped 16% to ₹2.03 lakh crore between April 1 and October 12.
Between April 1 and October 12, net corporate tax collection stood at about 5.02 lakh crore, up from ₹4.92 lakh crore in the same period of 2024.
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