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Hiral Jain
Content writer • 5m
In the financial year 2025, the direct tax revenue has hit an impressive ₹16.9 lakh crore! Here’s the breakdown: - Personal tax contributes ₹8.7 lakh crore - Corporate tax is at an astounding ₹27.7 lakh crore - Securities transaction tax stands at ₹44,538 crore Altogether, the total gross collections amount to ₹20.6 lakh crore. And that’s just from direct taxes—imagine the numbers if we factor in indirect taxes! Now, as we look ahead to the February Budget, the middle class is eagerly hoping for some much-needed relief—higher exemptions and lower tax rates would be a welcome change. But the burning question remains: Will this year be any different? Let’s keep our fingers crossed!
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