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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 reveals that gross direct tax collections for FY 2025-26 stood at Rs 21.49 lakh crore, compared to Rs 20.64 lakh crore during the corresponding period of the previous financial year, reflecting a yea
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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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