The central government’s net direct tax collection for 2024-25 has soared 16.5% to Rs 15.82 lakh crore till December 17, 2024, thanks to healthy personal income tax collections even as growth in corporate taxes remained moderate.

• During the same period previous year, the government had collected Rs 13.59 lakh crore.
• The gross collection during the period rose 20.32% to Rs 19.21 lakh crore.
• Net corporate tax collections grew by 8.5% to Rs 7.42 lakh crore.
• Net personal income tax collection surged by 22.5% to Rs 7.97 lakh crore in 2024-25 till December 17.