*India’s Net Direct Tax Collection Rises 15% to ₹17.78 Lakh Crore in FY25* *Key Highlights:* * Net direct tax collection up 14.69% YoY to ₹17.78 lakh crore, as per CBDT (Feb 11, 2025). * Gross direct tax collection grew 19.06% to ₹21.88 lakh crore. *Breakdown of Tax Collections:* * Personal income tax surged 21% to ₹9.48 lakh crore. * Corporate tax increased 6% to ₹7.78 lakh crore. * Securities Transaction Tax (STT) jumped 65% to ₹49,201 crore. *Tax Refunds & Adjustments:* * Tax refunds issued stood at ₹4.10 lakh crore, marking a 42.63% rise. *Revised Tax Targets:* * *Income tax:* ₹12.57 lakh crore (up from ₹11.87 lakh crore). * *STT* : ₹55,000 crore (up from ₹37,000 crore). * *Corporate tax* : ₹9.80 lakh crore (down from ₹10.20 lakh crore). * *Overall direct tax target:* ₹22.37 lakh crore (above ₹22.07 lakh crore BE).