 "Direct tax, tax refunds, Income tax collection")
Refund issuances soared 24.22 per cent year-on-year to ₹2.65 trillion during the period
Net direct tax collection rose 13.21 per cent to about ₹13.38 trillion between April 1 and October 14, driven by a healthy pick-up in corporate taxes.
Net corporate tax mop-up grew 20.58 per cent to over ₹5.99 trillion, while non-corporate tax (paid by individuals, firms and HUFs) rose 5.83 per cent to about ₹6.92 trillion so far this fiscal year.
Collection from securities transaction tax (STT) swelled 52 per cent to ₹46,840 crore till October 14 of FY27.
Refund issuances soared 24.22 per cent year-on-year to ₹2.65 trillion during the period.
On a gross basis, direct tax collection rose 15 per cent to ₹16.03 trillion till October 14. This included corporate tax collection of ₹7.53 trillion and non-corporate tax of ₹8.03 trillion.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Oct 15 2026 | 2:13 PM IST
