New Delhi: In the current financial year 2025-26, the collection of direct tax (DT) was Rs 5.63 lakh crore. These are the figures so far. However, if compared to last year’s figures, they are 1.34 per cent less. The government itself released these figures on July 11. The reason for this is said to be the high level of refunds. Net direct tax collection figures are from April 1 to July 10, 2025.
At the same time, net corporate tax collection till July 10 was around R2.2.2 lakh crore, and non-corporate tax collection was Rs 3.45 lakh crore. Last year, corporate tax collection was Rs 2.07 lakh crore. Currently, security transaction tax collection is Rs 17,874 crore, which is the figure from April 1 to July 10, 2025.
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What are the refund and gross tax collection figures
In the current financial year 2025-26, net refund has seen an annual increase of 38 per cent, taking it to Rs 1.02 lakh crore. At the same time, gross direct tax collection from April 1 to July 10, 2025, was Rs 6.65 lakh crore, which is before the refund. Last year, it was up to Rs 6.44 lakh crore, which is 3.17 per cent more.
Gross corporate tax collection was around Rs 2.90 lakh crore, which is an increase of 9.42 per cent. Gross non-corporate tax collection was Rs 3.57 lakh crore, which was 1.28% less.
The government’s tax collection target
By the way, the government estimates that the collection of direct tax, i.e. Direct Tax (DT) in the current financial year will be Rs 25.20 lakh crore, which is 12.7 per cent more than last year. Currently, the government has achieved 18.21% of the direct tax target till June 19. The direct tax collection target has been achieved by July 10 at 22.34%. The government’s target is to collect Rs 78,000 crore as Securities Transaction Tax (STT) in the current year.