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Net direct tax collection up 7% during Apr-Nov
The Morning Standard
|November 12, 2025
NET direct tax collection went up by 7% year-on-year between April 1 and November 10, 2025, touching ₹12.92 lakh crore, as per the latest data released by the Central Board of Direct Taxes (CBDT) on Tuesday. The refunds have gone down by more than 17% during this period as the total refund amount stood at ₹2.42 lakh crore.
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The higher refunds and slower growth rate could be attributed to the income tax relief provided to individuals to boost consumption demand. Measures like raising exemption limit under new regime t
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