Gross Direct Tax collection sees 19.94 per cent growth as of January 12

Corporate tax (CT) contributed Rs9.72 lakh crore, while non-corporate tax (NCT) stood at Rs10.45 lakh crore. Collections from Securities Transaction Tax (STT) surged to Rs44,538 crore, and other taxes contributed Rs2,868 crore. These figures highlight robust growth across key categories, driven by increased compliance and economic activity.