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India's direct tax collections have shown steady growth in the current financial year, with net collections increasing by 8.82% to Rs 18.37 lakh crore as on January 11, 2026, according to official data released by the tax authorities. Gross Direct Tax Collections Cross Rs 21.49 Lakh Crore The data
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FAQ :
As of January 11, 2026, India's net direct tax collections have reached £18.37 lakh crore.
Direct tax collections have grown by 8.82% compared to the corresponding period in the previous financial year.
Gross direct tax collections stood at £21.49 lakh crore for FY 2025-26.
Refund issuance declined by 16.92%, with total refunds falling to £3.11 lakh crore.
The increase suggests improved tax compliance, resilient corporate earnings, and steady individual income growth, signalling a positive fiscal position for the government.
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