Net Direct Tax Collection in India Up 13% to Over ₹12.12 Trillion Until September 17
Last Updated: 18th September 2026 - 04:28 pm
Net direct tax collection has increased 13% to over ₹12.12 trillion in the ongoing fiscal year till September 17 due to higher advance tax receipts.
Collections from corporate tax have gone up 19.48% to ₹5.56 trillion in the given period. Collections from non-corporate taxes, which include those from individuals and Hindu Undivided Families, went up 6% to above ₹6.16 trillion.
STT Collections Recorded Sharper Increase
The collection from Securities Transaction Tax (STT) recorded a steeper rise in the given period. STT collection rose 53% to ₹40,214 crore between April 1 and September 17.
Refund issue in the given period also increased by 29.19% to more than ₹2.20 trillion.
Gross collections rise 15%
Before adjusting for refunds, gross direct tax collections stood at more than ₹14.32 trillion, marking growth of 15%.
Advance tax collections reached around ₹5.22 trillion through September 17, an increase of 16.18%.
Within this, advance corporate tax payments grew 18% to more than ₹4.16 trillion. Non-corporate advance tax collections stood at ₹1.06 trillion, up 9.24%.
The latest figures cover direct tax collections recorded in the current financial year up to September 17.
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