New Delhi, March 17 -- India's direct tax collections have witnessed a robust growth of 16.15 per cent year-on-year, reaching Rs 25.86 lakh crore in the financial year 2024-25 (as of March 16, 2025), as per the latest data released by the Central Board of Direct Taxes (CBDT).

This rise in collections is attributed to higher corporate and non-corporate tax revenues, as well as a significant surge in securities transaction tax (STT) receipts.

Corporate tax collections rose to Rs 12.40 lakh crore, up from Rs 10.1 lakh crore in the previous fiscal.

The Non-corporate tax collections surged to Rs 12.90 crore from Rs 10.91 lakh crore last fiscal year.

Securities transaction tax (STT) collections witnessed a sharp increase, reaching Rs 53,095...