Direct tax collections rise 14% to rRs.r17.5L-cr
New Delhi, Nov. 12 -- The gross direct tax collections in 2026-27 up to November 10 jumped little over 14% on an annualised basis to around Rs.17.50 lakh crore with net revenue after refunds increasing by nearly 12% to Rs.14.42 lakh crore due to stronger receipts from corporate tax segment and securities transactions, according to government data.
The gross direct tax collection in the current financial year (up to November 10 of FY27) increased 14.02% to Rs.17,50,285.89 crore compared to Rs.15,35,076.31 crore in the same period of the previous fiscal year (FY26), data released on Wednesday said.
After refunds, net direct tax revenue surged by 11.76% to Rs.14,41,978.91 crore in FY27 (up to November 10) compared to Rs.12,90,204.10 crore ...
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