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Searched Tag: securities transaction tax
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Govt collects ₹4.59L cr in direct taxes till June, down by 1.39%

June 21, 2025, 11:23 AM - 3 min read

India’s net direct tax collection dipped to ₹4.59 lakh crore in the first quarter of FY26, dragged by slowing corporate tax and muted advance tax inflows. Though personal income tax held steady and STT posted growth, the government’s fiscal watchers are likely to remain cautious ahead of the upcoming budget.

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Govt’s tax revenue rises, direct collections cross ₹21.8 lakh crore

February 12, 2025, 10:35 AM - 2 min read

India’s direct tax collections have surged 19.06 per cent YoY to Rs 21.88 lakh crore as of 10 February 2025, driven by higher corporate and non-corporate tax revenues. Securities transaction tax receipts also saw a sharp rise, contributing to the overall growth in tax collections, strengthening fiscal health.

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