India's gross direct tax collections rose 2.36% to ₹13.9 lakh crore as of October 12, FY26, according to the Income Tax Department. Corporate tax led the increase, while refunds slowed nearly 16% to ₹2.03 lakh crore. Net collections reached ₹11.89 lakh crore, up 6.33% year-on-year, driven by delayed refunds and steady corporate tax inflows.
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10:06 am on
14 Oct