Page Contents
Net Direct Tax Revenue: INR 10.82 lakh crore (+9.18% YoY)
Gross Tax Collection: INR 12.43 lakh crore (+3.39% YoY)
Corporate Tax: INR 4.72 lakh crore
Non-Corporate Tax: INR 5.83 lakh crore
Securities Transaction Tax (STT): INR 26,000 crore
Other Taxes: INR 291 crore
Refunds:INR 1.60 lakh crore (-23.87% YoY)
Advance Tax (part of gross collections)
Total: INR 4.48 lakh crore (+2.90% YoY)
Corporate Tax: INR 3.52 lakh crore (+6.11%)
Non-Corporate Tax: INR 96,700 crore (-7.30%)
Direct Tax Collections
| Category | FY 2024-25 | FY 2025-26 | % Growth |
|---|---|---|---|
| Gross Collection | INR 19,21,941.93 | INR 20,01,794.23 | 4.16% |
| Refunds | INR 3,43,499.23 | IN 2,97,069.42 | -13.52% |
| Net Collection | INR 15,78,442.71 | INR 17,04,725.21 | 8.00% |
Breakdown by Tax Type (FY 2025-26):
| Category | FY 2024-25 | FY 2025-26 | % Growth |
|---|---|---|---|
| Corporate Tax | INR 5,62,422.18 | INR 6,07,299.99 | 7.98% |
| Non-Corporate Tax | INR 1,93,656.40 | INR 1,81,087.93 | -6.49% |
| Total | INR 7,56,078.58 | INR 7,88,387.92 | 4.27% |
Income tax proposals in the budget for 2026 at a glance: The Finance Minister, Smt. Nirmala Sitharaman has presented the… Read More
Overview of Practical Challenges in GST Filing Goods and Services Tax filing is not merely a procedural exercise of uploading… Read More
Family Pension: Meaning, Eligibility, Rules, Taxation Financial security is essential at every stage of life. While individuals build a retirement… Read More
ICAI ISSUES NEW CODE OF ETHICS FOR CA FIRM : SOP ON ADVERTISING, BRANDING & PROMOTION : EFFECTIVE 1 APRIL… Read More
What is an Registered Non-Profit Organisation under the Income-tax Act, 2025? A Registered Non-Profit Organization (RNPO) is a new, unified… Read More
Cancellation of Registration U/s 12AB – Statutory Grounds for Cancellation Consequences Registration under Section 12AB remains valid until its expiry… Read More