India's net direct tax collections rise 13% to Rs 12.1 lakh crore till September 17 of FY27
Refunds climbed 29.19% to Rs 2.20 lakh crore even as corporate and non-corporate tax receipts lifted gross collections to Rs 14.32 lakh crore, officials said.
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India's net direct tax collections rise 13% from April 1-Sept 17
Direct Tax Collections Gain 12.96% to Rs 12.12 Lakh Crore; Advance Tax Up 16.18%
Get latest articles and stories on Business at LatestLY. Net direct tax collections rose 12.96 per cent year-on-year to Rs 12.12 lakh crore as of September 17 in the financial year 2026-27, while advance tax collections grew 16.18 per cent to Rs 5.22 lakh crore, according to data released by the Income Tax Department. Business News | Direct Tax Collections Gain 12.96% to Rs 12.12 Lakh Crore; Advance Tax Up 16.18%.
India's net direct tax collections rise 13% to Rs 12.1 lakh crore till September 17 of FY27
Indias net direct tax collections rose 12.96% year-on-year to Rs 12.12 lakh crore as of September 17, government data showed. Gross collections increased 15.19% to Rs 14.32 lakh crore, while refunds rose 29.19% to Rs 2.20 lakh crore. Corporate, non-corporate and Securities Transaction Tax collections all increased.
Govt's net direct tax collections rise 13 per cent to cross Rs 12.12 lakh crore
Digital Desk | New Delhi, Sep 18 (IANS) The government's net direct tax collection, which includes mainly corporate and income tax, recorded a robust 13 per cent growth to surpass the Rs 12.12 lakh crore mark between April 1 and September 17 of the current financial year compared to the same period of the previous financial year, according to data released by the Central Board of Direct Taxes (CBDT) on Friday. Gross direct tax collections ros…
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