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Gross Direct Tax Collection Rises 4.86% in FY26 Despite Surge in Refunds

Last updated: 23 June 2025


India's net direct tax collection for the financial year 2025-26 stood at Rs 4.59 lakh crore as of June 19, 2025, marking a marginal decline of 1.39% compared to Rs 4.65 lakh crore collected during the same period last year, according to official data released by the Income Tax Department. While gr
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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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