Direct tax collections for the financial year 2024-25, as of March 31, 2025, show a net collection of ₹22,26,231 crore. This represents a 13.57% increase compared to the net collection of ₹19,60,166 crore in the previous financial year (2023-24). Gross collections reached ₹27,02,974 crore, a 15.59% rise. Corporate tax net collections were ₹9,86,719 crore, and non-corporate tax net collections were ₹11,82,875 crore. Securities Transaction Tax (STT) collections reached ₹53,296 crore. Total refunds issued amounted to ₹4,76,743 crore, a 26.04% increase from the previous year’s ₹3,78,255 crore. Other taxes contributed ₹3,341 crore. These figures are provisional and subject to final adjustments.
Direct Tax Collections for F.Y. 2024-25 as on 31.03.2025
(Rs. In Crore)
FY 2023-24 (as on 31.03.2024) |
FY 2024-25 (as on 31.03.2025)** |
Percentage growth |
|||||||||
Corporate Tax (CT) |
Non*-
|
Securities
|
Other taxes (OT) |
Total |
Corporate
|
Non*-
|
Securities
|
Other
|
Total |
Total
|
|
Gross Collection |
11,31,958 |
11,68,204 |
34,192 |
4,068 |
23,38,421 |
12,72,516 |
13,73,797 |
53,296 |
3,366 |
27,02,974 |
15.59% |
Refunds |
2,20,903 |
1,57,256 |
– |
96 |
3,78,255 |
2,85,796 |
1,90,922 |
– |
25 |
4,76,743 |
26.04% |
Net Collection |
9,11,055 |
10,10,948 |
34,192 |
3,972 |
19,60,166 |
9,86,719 |
11,82,875 |
53,296 |
3,341 |
22,26,231 |
13.57% |
Source: Pr.CCA (CBDT)
* NCT includes taxes paid by individuals, HUFs, Firms, AoPs, BoIs, Local Authorities, Artificial Juridical Person
** Provisional figures
