New Delhi, Oct. 16 -- The gross direct tax collections in 2026-27 up to October 14 jumped nearly 15% on an annualised basis to around Rs.16.03 lakh crore with net revenue after refunds increasing by over 13% to Rs.13.37 lakh crore due to stronger receipts from all key segments, according to government data released on Thursday. The gross direct tax collection in the first seven months of the current financial year (April 1-October 14 of FY27) increased 14.89% to Rs.16,03,066.12 crore compared to Rs.13,95,278.39 crore in the same period of the FY26. After refunds, net direct tax revenue surged by 13.21% to Rs.13,37,866.98 crore in FY27 (up to October 14) compared to Rs.11,81,786.98 crore in the same period last fiscal year. Total refunds in ...