Overview
- Gross direct tax collections reached Rs 15.35 lakh crore, a 2.15% year-on-year rise.
- Total refunds declined 17.72% to Rs 2.42 lakh crore, lifting net receipts.
- Corporate tax grossed Rs 6.91 lakh crore with Rs 1.54 lakh crore in refunds, resulting in Rs 5.37 lakh crore net.
- Non-corporate tax collections were Rs 8.08 lakh crore gross with Rs 88,000 crore refunded, yielding Rs 7.19 lakh crore net.
- The Ministry of Finance figures are provisional, and reporting indicates the pace aligns with FY26 goals as lower refunds may tighten some taxpayers’ cash flows.