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India’s Net Direct Tax Take Rises 9% to Rs 10.82 Lakh Crore Through Sept. 17

A steep drop in refunds lifted net receipts above year-ago levels.

Overview

  • Gross direct tax collection reached Rs 12.43 lakh crore, up 3.39% year-on-year, as refunds fell about 24% to roughly Rs 1.60–1.61 lakh crore.
  • Corporate advance tax rose 6.11% to over Rs 3.52 lakh crore, while non-corporate advance tax declined 7.30% to about Rs 96,784 crore.
  • Total advance tax for the period grew 2.90% to Rs 4.48 lakh crore, reflecting stronger corporate payments and weaker non-corporate flows.
  • Net corporate tax collection stood at over Rs 4.72 lakh crore and non-corporate at about Rs 5.84 lakh crore for April 1–September 17.
  • Securities Transaction Tax collection was Rs 26,306 crore versus a full-year government target of Rs 78,000 crore, with FY26 direct taxes targeted at Rs 25.20 lakh crore.