 "direct tax rupees fund")
The net direct tax collection grew 15.88 per cent to about Rs 16.90 trillion so far this fiscal, according to government data released on Monday.
As per the data by the Central Board of Direct Taxes (CBDT), mop-up from net non-corporate taxes, which include mainly personal income tax, stood at over Rs 8.74 trillion.
The net corporate tax collection between April 1, 2024, and January 12, 2025, was around Rs 7.68 trillion.
Net collections from securities transaction tax (STT) stood at Rs 44,538 crore so far this fiscal.
Refunds worth over Rs 3.74 trillion were issued during the period, a 42.49 per cent increase over the year-ago period.
Also Read
 "direct tax rupees fund")
 "Nirmala Sitharaman, Nirmala")
 "Prime Minister Narendra Modi")
 "The Securities and Exchange Board of India (Sebi) has proposed measures to regulate algorithmic (algo) trading by retail investors, introducing new checks and balances for stock brokers and exchanges. Currently, algo trading is dominated by instituti")
Gross direct tax mop up between April 1 and January 12 grew 20 per cent to over Rs 20.64 trillion.
The government has budgeted to collect Rs 22.07 trillion in the current fiscal from direct taxes.
This includes Corporate tax collection of Rs 10.20 trillion, personal income tax and other taxes of Rs 11.87 trillion.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
 "RBI, Reserve Bank of India")
 "Fitch Ratings, Fitch")
 "Rs, Rupee, Indian Currency")
 "Rs, Rupee, Indian Currency, Economy")
 "Sanjay Malhotra, RBI")
