India's direct tax collections rise 16.2% to Rs 25.9 lakh crore as of March 16

  • Posted on March 17, 2025
  • By Business News Today
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India's direct tax collections rise 16.2% to Rs 25.9 lakh crore as of March 16

India's direct tax collections have grown by 16.15% year-on-year, reaching Rs 25.86 lakh crore in FY 2024-25. The growth is driven by higher corporate and non-corporate tax revenues, with corporate tax collections at Rs 12.40 lakh crore and non-corporate tax collections at Rs 12.90 crore.
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