Gross direct tax collection during April-December of the Financial Year 2014-15 is up by 12.93 percent at ₹ 5,46,661 crore as against ₹ 4,84,063 crore collected during the same period last year. Gross collection of Corporate tax has shown an increase of 12.79 percent and stood at ₹ 3,50,494 crore as against ₹ 3,10,754 crore collected during the same period last year. Gross collection of Personal income tax is up by 12.62 percent and stood at ₹ 1,90,391 crore as against ₹ 1,69,059 crore collected during the same period last year. Securities Transaction Tax(STT) stands at ₹ 4940 crore at a growth of 43.44%. Net direct tax collections are up by 7.41 percent and stand at ₹ 4,48,401 crore, as compared to ₹ 4,17,477 crore in the same period in the last fiscal.

 Advance tax collection has shown a growth of 13.15% during April-December of the FY 2014-15 as against the growth of 8.76% shown at the same time previous year. Growth in TDS is 7.84% as against 16.73% in the same period last year.

 The Self-Assessment Tax shows a growth of 22.20% as against 11.86% in the same period last year. The growth in Regular Tax is 33.03% as against 15.60% in the same period last year.

Direct tax collections rise, driven by stronger corporate and personal income tax receipts and higher advance and self assessment inflows. Gross direct tax collections for April-December 2014-15 increased versus the same period in the prior year, led by double digit growth in Corporate and Personal income tax and a marked rise in Securities Transaction Tax. Net direct tax receipts also rose. Advance tax and Self Assessment Tax showed strong growth, Regular Tax grew substantially, while TDS growth moderated relative to the previous year.