New Delhi, Aug 12 (PTI) Net direct tax collection grew 22.48 per cent to about Rs 6.93 lakh crore as of August 11 this fiscal, government data showed on Monday.

The mop-up includes personal income tax collection of Rs 4.47 lakh crore and corporate tax collection of Rs 2.22 lakh crore. Securities Transaction Tax (STT) mopped up Rs 21,599 crore, while other taxes (which include equalisation levy and gift tax) earned Rs 1,617 crore.

Also Read | Bihar Assembly Elections 2025: Poll Strategist Prashant Kishor Planning To Field Woman Candidate in Every Lok Sabha Segment.

Refunds worth Rs 1.20 lakh crore were issued between April 1 to August 11, a growth of 33.49 per cent.

On a gross basis, direct tax collection grew 24 per cent to Rs 8.13 lakh crore. The collection includes PIT (personal income tax) of Rs 4.82 lakh crore and corporate tax of Rs 3.08 lakh crore.

Also Read | Uttar Pradesh Shocker: Woman Dies by Suicide Over Dowry Harassment and Fights Over 'Habit of Making and Posting Reels on Instagram'.

The government has budgeted to collect Rs 22.07 lakh crore in the current fiscal from direct taxes.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)