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India's Net Direct Tax Collections Rise 13% to Rs 12.1 Lakh Crore Till September 17 of FY27
- On Friday, September 18, 2026, India's government reported that gross direct tax collections surged over 15% to Rs 14.32 lakh crore as of September 17, significantly outpacing the prior-year period.
- Net direct tax collections rose 13% to Rs 12.12 lakh crore, driven by corporate tax mop-up growth of 19.48% to Rs 5.56 lakh crore and non-corporate collections from individuals and Hindu Undivided Families increasing 6% to Rs 6.16 lakh crore.
- Securities Transactions Tax collections jumped 53% to Rs 40,214 crore between April 1 and September 17, while the Central Board of Direct Taxes reported refund issuance grew 29.19% to over Rs 2.20 lakh crore.
- Advance Tax payments reached Rs 5.22 lakh crore, marking a 16.18% increase, with advance corporate tax payments growing 18% to over Rs 4.16 lakh crore and non-corporate payments rising 9.24% to Rs 1.06 lakh crore.
- These figures encompass taxes paid by companies, individuals, Hindu Undivided Families, and associations of persons , reflecting broad participation from bodies of individuals and local authorities across the fiscal year.
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15 Articles
Net direct tax collection rises 13% to Rs 12.12 lakh crore in FY27 so far
CBDT data showed direct tax collections strengthened till September 17, led by corporate advance tax payments. The trend, alongside higher refunds and a sharp rise in STT, points to broad-based tax buoyancy.
·Noida, India
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Total News Sources15
Leaning Left1Leaning Right5Center4Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
C 40%
R 50%
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