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Taxation

Net direct tax collection in India, FY 2022-23 to FY 2024-25

₹22.26 lakh crore
+13.6% vs FY 2023-24

Net direct tax collected in FY 2024-25

Net direct tax collection in India, FY 2022-23 to FY 2024-2505.5711.1316.722.26₹ lakh crore16.63FY 2022-2319.6FY 2023-2422.26FY 2024-25
Source: Central Board of Direct Taxes (CBDT) · FY 2024-25

India's net direct tax collection rose to about ₹22.26 lakh crore in FY 2024-25, up 13.6% from ₹19.60 lakh crore a year earlier. Within this, corporate tax contributed about ₹9.87 lakh crore, non-corporate (largely personal income) tax about ₹11.83 lakh crore, and Securities Transaction Tax about ₹0.53 lakh crore.

Net of refunds. FY 2024-25 figure as reported by CBDT for the year ended 31 March 2025.

PeriodFY 2024-25
RegionIndia
SourceCentral Board of Direct Taxes (CBDT)
Unit₹ lakh crore

Frequently asked questions

How much direct tax did India collect in FY 2024-25?

Net direct tax collection was about ₹22.26 lakh crore in FY 2024-25, a 13.6% increase over the previous year.

What is the split between corporate and personal income tax?

Of the FY 2024-25 net collection, corporate tax was about ₹9.87 lakh crore and non-corporate (mainly personal income) tax about ₹11.83 lakh crore, with STT around ₹0.53 lakh crore.

Related statistics

₹22.08 lakh crore
GST collection in India
9.11 crore
Income tax returns filed in India
6.5%
India GDP growth rate
Using this figure? KAMRIT advises Indian and global businesses on tax, GST, FDI/FEMA, and India entry built on data like this. Talk to our team →