<h1>Tax Collection Surges 13.57% to Rs 22.26 Lakh Crore, Hitting Fiscal Target with Record Refunds and Strong Economic Indicators</h1> The government's direct tax collection for 2024-25 fiscal met its target, growing 13.57% to over Rs 22.26 lakh crore. The provisional gross collection reached Rs 27.02 lakh crore, with a 15.59% increase from the previous year. The tax department issued record refunds of Rs 4.76 lakh crore, a 26.04% rise. Corporate tax and non-corporate tax collections showed growth, with a tax buoyancy factor of 1.57, indicating strong economic performance.