Net Direct Tax Collections

Centre's net direct tax collection rises 13.2% to ₹13.38 trn till Oct 14

Gross direct tax collections stood at ₹16.03 trillion during the period, registering an annual growth of 14.89 per cent

Net direct tax collection grows 13% to ₹13.38 trillion till October 14

Net direct tax collection rose 13.21 per cent to about Rs 13.38 lakh crore between April 1 and October 14, driven by a healthy pick-up in corporate taxes. Net corporate tax mop-up grew 20.58 per cent to over Rs 5.99 lakh crore, while non-corporate tax (paid by individuals, firms and HUFs) rose 5.83 per cent to about Rs 6.92 lakh crore so far this fiscal year. Collection from securities transaction tax (STT) swelled 52 per cent to Rs 46,840 crore till October 14 of FY27. Refund issuances soared 24.22 per cent year-on-year to Rs 2.65 lakh crore during the period. On a gross basis, direct tax collection rose 15 per cent to Rs 16.03 lakh crore till October 14. This included corporate tax collection of Rs 7.53 lakh crore and non-corporate tax of Rs 8.03 lakh crore.

India's net direct tax collection rises 13% to ₹12.12 trillion till Sept 17

The government's net direct tax collection rose 13 per cent to over Rs 12.12 lakh crore till September 17 of the current fiscal on higher advance tax mop-up, according to the latest data released on Friday. Corporate tax mop-up grew 19.48 per cent to about Rs 5.56 lakh crore, while non-corporate tax (individuals and HUFs) mop-up increased 6 per cent to over Rs 6.16 lakh crore. Securities Transactions Tax (STT) collection grew 53 per cent to Rs 40,214 crore between April 1 and September 17. Refund issuance jumped 29.19 per cent to over Rs 2.20 lakh crore till September 17, the data released by the Central Board of Direct Taxes (CBDT) showed. Gross direct tax collection clocked a 15 per cent growth totalling over Rs 14.32 lakh crore. Advance Tax mop-up till September 17 increased 16.18 per cent to about Rs 5.22 lakh crore. This included an 18 per cent growth in advance corporate tax payments at over Rs 4.16 lakh crore, and a 9.24 per cent rise in non-corporate advance tax payments of

Centre's net direct tax collection surges 23% to ₹8.11 trillion till Aug 10

Direct tax revenue collection so far this year has grown faster than the 15.25 per cent growth needed to achieve the full year target this year, compared to last fiscal's actual collection

Centre's net direct tax revenue rises 16.4% to ₹6.51 trn so far this year

Net direct tax collections rose 16.4% to ₹6.51 trillion by July 13, led by strong corporate tax growth and a sharp jump in securities transaction tax receipts

Net direct tax collections rise 14.6% to ₹5.21 trn till June 17 in FY27

Gross direct tax collections increased 12.46 per cent to ₹6.1 trillion from ₹5.4 trillion recorded a year earlier

Net direct tax collections reach ₹17.04 trillion till Dec 17 in FY26, up 8%

Net direct tax collections for FY 2025-26 rose 8 per cent to ₹17.04 trillion as on December 17, led by higher corporate tax and lower refunds

Net direct tax collection rises 7% to ₹12.92 trillion between April-Nov

India's refund issuances between April 1 and November 10 declined by 18 per cent, totalling ₹2.42 trillion, compared with the same period last year

Net direct tax collection up 9% to Rs 10.82 trn till Sep 17 as refunds dip

Net direct tax collections grew 9.18% YoY to Rs 10.82 trillion till Sept 17 in FY26, driven by higher non-corporate tax inflows and lower refunds, while advance tax rose 2.9%

Net direct tax revenue jumps 9% to ₹10.82 trillion till September 17

Net direct tax collection grew 9.18 per cent so far this fiscal to over Rs 10.82 lakh crore due to higher advance tax mop-up from corporates and slower refunds. Refund issuances dropped 24 per cent to Rs 1.61 lakh crore between April 1 and September 17. During the period, corporate advance tax collection increased 6.11 per cent to over Rs 3.52 lakh crore. However, non-corporate advance tax mop-up declined 7.30 per cent to Rs 96,784 crore. Between April 1 and September 17, net corporate tax collection stood at over Rs 4.72 lakh crore, up from Rs 4.50 lakh crore in the same period in 2024. Non-corporate tax, which includes individuals and HUFs, mop-up so far this fiscal stood at about Rs 5.84 lakh crore, up from over Rs 5.13 lakh crore in the same period of the last year. Securities Transaction Tax (STT) collection stood at Rs 26,306 crore so far this fiscal, up from Rs 26,154 crore in the year-ago period. Net direct tax collection, which includes personal income tax and corporate

Net direct tax mop-up falls nearly 4% to ₹6.64 trn in FY26 on high refunds

Net direct tax collection dipped 3.95 per cent to Rs 6.64 lakh crore so far this fiscal, mainly on account on higher refunds, according to government data released on Tuesday. Direct tax includes taxes on income paid by companies, individuals, and by professionals, and other entities. Net corporate tax collection stood at about Rs 2.29 lakh crore, while non-corporate tax (which includes individuals, Hindu Undivided Families (HUFs) and firms) was at Rs 4.12 lakh crore. Securities Transaction Tax (STT) mop-up was Rs 22,362 crore between April 1-August 11. Total net collections stood at about Rs 6.64 lakh crore, a 3.95 per cent fall over Rs 6.91 lakh crore collected in the same period last fiscal (2024-25). Refunds issued so far this fiscal jumped 10 per cent to Rs 1.35 lakh crore. Gross collections (before refunds) stood at Rs 7.99 lakh crore between April 1-August 11, a 1.87 per cent dip over Rs 8.14 lakh crore in the year-ago period. In the current fiscal (2025-26), the governmen

India's net direct tax receipts down 1.3%, corporate taxes slip 3.7%

Tax experts broadly attributed the decrease in the net direct tax kitty to the spike in refunds but noted there were other factors at play as well

Net direct tax mopup dips 1.34% to ₹5.63 trillion on higher refunds

Net direct tax collection fell 1.34 per cent to about Rs 5.63 lakh crore till July 10 of the current financial year, mainly on account on higher refunds, according to government data released on Friday. Net corporate tax collection stood around Rs 2 lakh crore, while non-corporate tax (which includes individuals, HUFs and firms) was at Rs 3.45 lakh crore. Securities transaction tax mop-up was Rs 17,874 crore between April 1 and July 10. Total net collections stood at Rs 5.63 lakh crore, registering a decline of 1.34 per cent over Rs 5.70 lakh crore collected in the year-ago period. Net refunds issued so far this fiscal year jumped 38 per cent to Rs 1.02 lakh crore. Gross collections (before refunds) stood at Rs 6.65 lakh crore from April 1-July 10, posting a 3.17 per cent growth over Rs 6.44 lakh crore in the year-ago period. In the current fiscal year, the government has projected its direct tax collections at Rs 25.20 lakh crore, up 12.7 per cent year-on-year. The government aim

Net direct tax collection drops by 1.39% to Rs 4.58 trillion so far in FY26

Net corporate tax during the same period declined by 5.13 per cent to Rs 1.72 trillion

Net direct tax collection dips 1.39% to Rs 4.59 trillion in Apr-Jun

Net direct tax collection so far this fiscal stood at Rs 4.59 lakh crore, 1.39 per cent lower compared to the mop-up during the corresponding period of last fiscal, as advance tax collections slowed, government data released on Sunday showed. Advance tax collection during April 1-June 19, 2025 grew a meagre 3.87 per cent to Rs 1.56 lakh crore. In the comparable period in 2024, advance tax collection had recorded an annual growth of 27 per cent. During April 1-June 19, 2025, corporate tax collection witnessed a slowdown at about Rs 1.73 lakh crore, a decline of over 5 per cent year on year. Non-corporate tax collections, which include mainly personal income tax, however, recorded a slight increase of 0.7 per cent to Rs 2.73 lakh crore. Securities Transaction Tax (STT) grew 12 per cent to Rs 13,013 crore during the period. Overall, the net direct tax collection kitty stood at about Rs 4.59 lakh crore during April 1-June 19, 2025, registering a 1.39 per cent dip from Rs 4.65 lakh cror

Net direct tax mopup in FY25 hit Rs 22.26 trillion, shows govt data

This was marginally short of revised target; highest-ever refunds issued

Net direct tax collections rise 13% to Rs 21.3 trn till March 16 of FY25

Advance tax collections jump 14.6% during the period

Net direct tax kitty rises 13% to Rs 21.26 trillion so far in FY25

Net direct tax collection grew 13.13 per cent to over Rs 21.26 lakh crore so far this fiscal aided by by higher advance tax mop up, government data showed on Monday. During the year, the government collected Rs 10.44 lakh crore from four instalments of advance tax as against Rs 9.11 lakh crore in the previous fiscal, registering a growth of 14.62 per cent. The last instalment of the advance tax payment was due on March 15, 2025, for the current financial year. Advance tax collection under the corporate tax category rose by 12.54 per cent to Rs 7.57 lakh crore while non-corporates witnessed a growth rate of 20.47 per cent to Rs 2.87 lakh crore during the financial year. An individual whose estimated tax liability is likely to be over Rs 10,000 (after considering tax deducted and collected at source TDS and TCS) is required to pay advance tax that year, as per Section 208 of the Income-Tax Act. This includes salaried taxpayers. Advance tax is to be paid before the end of the financ

Net direct tax collection rises 14.7% to Rs 17.8 trillion until Feb 10

Corporate tax during the same period grew at a slower pace of 6.1 per cent to Rs 7.8 trillion, while the securities transaction tax grew 65.05 per cent to Rs 49,201 crore

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