Gross direct tax collections grow 22.19% in FY25
Gross tax collections recorded a growth of 22.19% year-on-year to ₹5.15 lakh crore from April 1 to June 17 in the financial year 2024-25.
Gross tax collections recorded a growth of 22.19% year-on-year to ₹5.15 lakh crore from April 1 to June 17 in the financial year 2024-25.
The provisional direct tax collection is higher than the revised estimate at ₹16.50 lakh crore for FY23
Both pre-pandemic slowdown and pandemic crisis disproportionately hurt lowest income group, while sparing others.