Direct Tax Collection- India's direct tax collection grew 13.57% in FY25, slightly missing the revised target due to lower "other taxes" collection:

Direct Tax Collection- India's direct tax collection grew 13.57% in FY25, slightly missing the revised target due to lower "other taxes" collection:

Daily Current Affairs   /   Direct Tax Collection- India's direct tax collection grew 13.57% in FY25, slightly missing the revised target due to lower "other taxes" collection:

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Category : Business and economics Published on: April 29 2025

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  • Provisional Net Direct Tax Collection for FY25 reached ₹22.26 trillion, registering a 13.57% year-on-year growth. 
  • This figure is slightly short of the revised target of ₹22.37 trillion set in February 2025. FY24 Net Direct Tax Collection stood at ₹19.60 trillion.
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