India's Net Direct Tax Collections Rise 13% to Rs 12.1 Lakh Crore Till September 17 of FY27
Higher advance tax payments and stronger corporate receipts lifted gross collections, while refunds rose 29.19%, the Income Tax Department said.
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India's net direct tax collections rise 13% from April 1-Sept 17
Direct Tax Collections Gain 12.96% to Rs 12.12 Lakh Crore; Advance Tax Up 16.18%
Get latest articles and stories on Business at LatestLY. Net direct tax collections rose 12.96 per cent year-on-year to Rs 12.12 lakh crore as of September 17 in the financial year 2026-27, while advance tax collections grew 16.18 per cent to Rs 5.22 lakh crore, according to data released by the Income Tax Department. Business News | Direct Tax Collections Gain 12.96% to Rs 12.12 Lakh Crore; Advance Tax Up 16.18%.
India's net direct tax collections rise 13% to Rs 12.1 lakh crore till September 17 of FY27
Indias net direct tax collections rose 12.96% year-on-year to Rs 12.12 lakh crore as of September 17, government data showed. Gross collections increased 15.19% to Rs 14.32 lakh crore, while refunds rose 29.19% to Rs 2.20 lakh crore. Corporate, non-corporate and Securities Transaction Tax collections all increased.
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