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NET DIRECT TAX COLLECTIONS RISE 7% ON LOWER REFUNDS

Hindustan Times Bengaluru

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November 12, 2025

India’s gross direct tax collection saw a 2.15% increase at 215.35 trillion in the current financial year up to November 10 as compared to about 215.03 trillion in the same period in 2024-25, according to government data.

- Rajeev Jayaswal

Net collections, however, rose by 7% to 212.92 trillion in about eight months of FY26 (April 1, 2025 to November 10, 2025) as against 212.08 trillion in the same period in FY 25 because of a sharp fall in refunds.

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