India's direct tax collections have seen a significant boost in the current financial year, reaching ₹10.82 lakh crore by September 17, 2025. This represents a 9.18% increase compared to the same period last year. The growth is driven by strong corporate tax and non-corporate tax contributions, alongside a notable reduction in tax refunds issued.
India's direct tax collections for the current financial year 2025-26 have registered strong growth, touching ₹10.82 lakh crore (net) as of September 17, 2025, according to official data released by the Income Tax Department. This marks a 9.18% increase compared to ₹9.91 lakh crore collected during
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FAQ :
As of September 17, 2025, India's direct tax collections have reached ₹10.82 lakh crore (net).
Direct tax collections have increased by 9.18%, rising from ₹9.91 lakh crore in the same period of FY 2024-25 to ₹10.82 lakh crore in FY 2025-26.
Gross collections stood at ₹12.43 lakh crore, an increase from ₹12.02 lakh crore last year. Refunds issued were ₹1.61 lakh crore, a decrease of 23.9% from the previous year.
Corporate Tax collections were ₹4.72 lakh crore and Non-Corporate Tax collections were ₹5.84 lakh crore, both showing an increase from the previous year.
Advance tax collections reached ₹4.49 lakh crore, a 2.9% growth. Corporate advance tax rose by 6.1% to ₹3.52 lakh crore, while non-corporate advance tax saw a decrease of 7.3%.