Centre's net direct tax collections rose 9% to ₹18.38 trillion till Jan 11

The mop-up includes net corporate tax collection of over Rs 8.63 trillion and tax from non-corporates, including individuals and HUFs, of Rs 9.30 trillion

TAx
Press Trust of India New Delhi
1 min read Last Updated : Jan 12 2026 | 10:33 PM IST

Net direct tax collection grew 8.82 per cent to over Rs 18.38 trillion in the current fiscal till January 11, the Income Tax Department said on Monday.

The mop-up includes net corporate tax collection of over Rs 8.63 trillion and tax from non-corporates, including individuals and HUFs, of Rs 9.30 trillion.

Securities Transaction Tax collection stood at Rs 44,867 crore between April 1 and January 11.

Refunds dropped 17 per cent to Rs 3.12 trillion during the period.

Gross direct tax collection increased 4.14 per cent to about Rs 21.50 trillion till January 11 of this fiscal.

In the current fiscal (2025-26), the government has projected its direct tax collection at Rs 25.20 trillion, up 12.7 per cent year-on-year.

The government aims to collect Rs 78,000 crore from STT in FY26.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Direct TaxIncome taxTax Collection

First Published: Jan 12 2026 | 7:21 PM IST

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