This article has been carried out to make a comparative study of Budgeted, Revised and actual direct taxes collection by the Central government of India. This research is based on secondary data collected from RBI’s handbook of statistics on Indian economy and other published resources. Simple percentage technique and diagram presentation has been used as analysis tools to compare data of Budgeted, Revised Estimates and actual collection of direct taxes and total tax collection. Data have been represented in tabular forms and line charts. Data pertaining to direct tax have been analysed for 10 years i.e. since 2003-04 to 2012-13. It is concluded on the basis of this study that in 2004-05 and 2005-06 and 2008-09 and 2011-12 and 2012-13, revised estimates and actual collection has been declined against the budget estimates; but in 2006-07 and 2007-08 and 2009-10 and 2010-11 revised budget estimates and actual collection has been increased in comparison of the budget estimates. Study of Tables also perceives that the budget estimates, revised estimates and actual collections has steadily increased in each year over the previous year. All the above facts have been clarified that there is a consistent increase in collection of direct taxes in year to year up to 2007-08 but that increasing rate has fluctuated during the study period.