Gross Direct Taxes collections during April-September of the current Financial Year 2014-15 is up by 15.00 percent and stood at ₹ 3,46,144 crore as against ₹ 3,01,063 crore collected during the same period last year. Gross collections of Corporate Tax has shown an increase of 15.31 percent and stood at ₹ 2,22,616 crore as against ₹ 1,93,054 crore collected during the same period last year. Gross collection of Personal Income Tax, including STT and Wealth Tax, is up by 14.37 percent and stood at ₹ 1,23,528 crore as against ₹ 1,08,009 crore collected during the same period last year. Securities Transaction Tax (STT) stands at ₹ 3223 crore at a growth of 45.83%. Net Direct Tax collections is up by 7.09 percent and stands at ₹ 2,68,836 crore, as compared to ₹ 2,51,028 crore during the same period in the last fiscal.

Advance tax collections have shown a growth of 15.28% during the first half of the year as against the growth of 7.66% shown at the same time previous year. Growth in Tax Deduction at Source(TDS) is 9.47% as against 14.22% in the same period last year.

Gross Direct Tax collections rise sharply in first half, led by corporate and personal income tax increases. Gross Direct Taxes for the first half of 2014-15 rose by 15.00 percent year-on-year, driven by a 15.31 percent increase in Corporate Tax and a 14.37 percent rise in Personal Income Tax (including STT and Wealth Tax), with STT growth notably higher. Net Direct Tax receipts increased by 7.09 percent. Advance tax collections showed strong growth, while Tax Deduction at Source collections grew at a reduced rate compared with the same period last year.