Latest Direct Tax Collections News & Updates

Government’s Direct Tax Collections Reach Rs 18.37 Lakh Crore in Current Fiscal Year

By

New Delhi, Jan 12 (IANS) The Central government’s net direct tax collections touched Rs 18.37 lakh crore between April 1 and January 11 of the current financial year (2025-26), according to data released by the Income Tax Department on Monday.The figure represents an 8.82 per cent increase over the next direct tax collections in the same period of the previous year.Net corporate tax collections till January 11 stood at Rs 8.63 lakh crore, which represents a robust 12.41 per cent over the same pe…