Net Direct Tax Collection: This information has been received from government data. The figures are from April 1 to July 10, 2025. In the current financial year 2025-26, the government has estimated the direct tax collection to be Rs 25.20 lakh crore.
So far in the current financial year 2025-26, net direct tax collection has been Rs 5.63 lakh crore. This is 1.34 percent less than the figure a year ago. This is mainly due to the high level of refunds. This information has been received from government data released on July 11. The figures are from April 1 to July 10, 2025. Net direct tax collection was Rs 5.70 lakh crore in the same period a year ago.
As of July 10, net corporate tax collection was around Rs 2 lakh crore, while non-corporate tax was Rs 3.45 lakh crore. A year ago, corporate tax collection was Rs 2.07 lakh crore. Security transaction tax collection stood at Rs 17,874 crore between April 1 and July 10, 2025.
Status of refund and gross tax collection
Net refunds issued so far in the current financial year 2025-26 increased by 38 per cent year-on-year to Rs 1.02 lakh crore. Gross direct tax collection (before refund) from April 1 to July 10, 2025 stood at Rs 6.65 lakh crore. This is 3.17 per cent higher than Rs 6.44 lakh crore in the same period a year ago.
Gross corporate tax collection increased by 9.42 per cent year-on-year to about Rs 2.90 lakh crore. At the same time, gross non-corporate tax collection declined by 1.28 per cent to Rs 3.57 lakh crore.
In the current financial year 2025-26, the government has estimated direct tax collection to be Rs 25.20 lakh crore. This is 12.7 percent more than a year ago. The government achieved 18.21 percent of its direct tax target till June 19. 22.34 percent of the direct tax collection target has been achieved till July 10. The government aims to earn Rs 78,000 crore from Securities Transaction Tax (STT) in the current financial year.
