October 15, 2026 3:07 PM
India’s net direct tax collections rise 13.21% to Rs 13.38 lakh crore so far in FY27
India's net direct tax collections rose 13.21 per cent year-on-year to Rs 13.38 lakh crore as of Oct 14 in the current financial year (FY27), driven by higher corporate tax, non-corporate tax and Securities Transaction Tax (STT) receipts, according to data released by the Income Tax Department on Thursday. Gross direct tax collections, before adjusting for refunds, increased 14.89 per cent to Rs 16.03 lakh crore, compared with Rs 13.95 lakh crore during the corresponding period of the previous ...