Direct Tax Collections Rise 9% to Rs 10.82 Lakh Crore in FY26 So Far



Quick Summary
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 the same period in FY 2024-25. Key Highlights of Collections Gross collections: ₹12.43 lakh crore, up from ₹12.02 lakh crore in the corresponding period last year. Refunds issued: ₹1.61 lakh cr
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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%.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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