<h1>India's Direct Tax Collection Surges 13.13% to Rs 21.26 Lakh Crore, Boosted by Advance Tax Payments</h1> Net direct tax collection in India increased by 13.13% to over Rs 21.26 lakh crore for the fiscal year up to March 16, 2025, driven by a significant rise in advance tax payments. Advance tax collections totaled Rs 10.44 lakh crore, a 14.62% increase from the previous year. Corporate advance tax rose by 12.54% to Rs 7.57 lakh crore, while non-corporate collections grew by 20.47% to Rs 2.87 lakh crore. Net non-corporate taxes increased by 17% to approximately Rs 11.01 lakh crore, and securities transaction tax collections surged by 56% to Rs 53,095 crore. Refunds issued amounted to over Rs 4.60 lakh crore.