Meanwhile, tax refunds issued during the period declined by 17 per cent year-on-year to \u20b93.12 lakh crore.\u00a0 On a gross basis, direct tax collections increased 4.14 per cent to approximately \u20b921.50 lakh crore till January 11 of the ongoing fiscal year.\u00a0<\/p>
For FY26 (2025-26), the government has projected direct tax collections at \u20b925.20 lakh crore, representing a growth of 12.7% over the previous year. As part of this, the Centre aims to mobilise \u20b978,000 crore through Securities Transaction Tax in FY26.<\/p> <\/div>
net direct tax collection, direct tax revenue India, income tax collection FY26, corporate tax collection India, non-corporate tax collection, income tax department data, gross direct tax collection, tax refunds India, securities transaction tax STT collection, FY26 tax target, India tax revenue#Corporate #individual #taxes #lift #direct #tax #collection #lakh #crore1768258535<\/p> ","protected":false},"excerpt":{"rendered":"
India\u2019s net direct tax collection grew 8.82% to over \u20b918.38 lakh crore in the current\u00a0financial year\u00a0till January 11, according to data released by the Income Tax Department on January 12.\u00a0 The total mop-up includes net corporate tax collections of more than \u20b98.63 lakh crore, while taxes collected from non-corporates \u2014 including individuals, Hindu Undivided Families […]<\/p>\n","protected":false},"author":1,"featured_media":1380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[2051,2047,2039,1131,2050,2037,2045,2042,2038,2041,2046,309,2052,2049,2036,2040,2044,1489,2043,2048],"class_list":["post-1379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","tag-collection","tag-corporate","tag-corporate-tax-collection-india","tag-crore","tag-direct","tag-direct-tax-revenue-india","tag-fy26-tax-target","tag-gross-direct-tax-collection","tag-income-tax-collection-fy26","tag-income-tax-department-data","tag-india-tax-revenue","tag-individual","tag-lakh","tag-lift","tag-net-direct-tax-collection","tag-non-corporate-tax-collection","tag-securities-transaction-tax-stt-collection","tag-tax","tag-tax-refunds-india","tag-taxes"],"acf":[],"_links":{"self":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/1379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1379"}],"version-history":[{"count":0,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/1379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/media\/1380"}],"wp:attachment":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1379"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}