New Delhi, Feb. 11 -- India's net direct tax collection grew 14.69% year-on-year to over Rs 17.78 trillion so far this fiscal, according to data released by the Central Board of Direct Taxes (CBDT) on Tuesday.

The rise was driven by a strong increase in personal income tax, which includes net non-corporate taxes.

Collections in this category surged 21% YoY to Rs 9.48 trillion, while net corporate tax revenue increased by more than 6% to over Rs 7.78 trillion between April 1, 2024, and February 10, 2025.

Revenue from the securities transaction tax (STT) saw the sharpest rise, jumping 65% to Rs 49,201 crore.

The government also issued Rs 4.10 trillion in tax refunds, marking a 42.63% increase over the previous year.

Overall, gross dire...