This paper examines the impact of direct tax reforms in India from FY 2016–17 to FY 2023–24 on the effectiveness of Corporate Income Tax (CIT) revenue collection. The study employs a quantitative research design, analyzing data from government budget documents, reports from the Central Board of Direct Taxes (CBDT), and international financial data. The research finds that reforms such as corporate tax rate reductions, the introduction of faceless assessments, and the Vivad Se Vishwas scheme have significantly improved tax compliance and collection efficiency. However, disparities remain between sectors. The findings suggest a need for targeted policy adjustments to enhance tax revenue further. The study concludes that while the null hypothesis (H₀) is rejected, emphasizing the necessity for continuous reforms to bolster tax revenue collection in India.