The Central Board of Direct Taxes (CBDT) on September 18, 2025, reported a robust and healthy growth in Direct Tax collections for the current Financial Year 2025-26 (as of 17th September 2025), showcasing a significant strengthening of the government’s revenue position.
The standout figure is the Net Collection, which has reached a substantial ₹10,82,579 crore. This marks an impressive growth of 9.18% compared to the ₹9,91,512 crore collected during the same period in the previous financial year (FY 2024-25).
This remarkable growth has been fueled by a combination of steady gross collections and a sharp, strategic reduction in outflows. Refunds issued have plummeted by 23.87%, from ₹2,10,858 crore last year to ₹1,60,527 crore this year, indicating improved efficiency in processing and assessment.
Sector-Wise Breakdown of Net Collections (as on 17.09.2025):
- Corporate Tax (CT): ₹4,72,297 crore
- Non-Corporate Tax (NCT): ₹5,83,685 crore (This includes taxes from Individuals, HUFs, Firms, and others)
- Securities Transaction Tax (STT): ₹26,306 crore
Advance Tax Signals Underlying Economic Momentum:
The Advance Tax data, a critical indicator of current financial health and corporate profitability, also paints a positive picture.
- Total Advance Tax collections stand at ₹4,48,913 crore, reflecting a growth of 2.90% over the previous year.
- Corporate Advance Tax has seen a strong 6.11% increase, amounting to ₹3,52,129 crore, suggesting healthy corporate earnings.
- Collections from the Non-Corporate sector (which includes individuals and firms) under Advance Tax are at ₹96,784 crore.
These figures collectively underscore a stable and growing direct tax revenue stream, which is fundamental for the government’s ongoing infrastructure and social welfare expenditures.
The Data can be accessed at: https://incometaxindia.gov.in/news/direct-tax-collections-for-f.y.-2025-26-as-on-17.09.2025.pdf
