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Income Tax

FY 2026-27 Net Direct Tax Collections Rise 11.76% as of 10 November 2026

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Summary: Net direct tax collections for FY 2026-27 stood at ₹14,41,978.91 crore as of 10 November 2026, up 11.76% from ₹12,90,204.10 crore as of 10 November 2025. Gross collections increased 14.02% to ₹17,50,285.89 crore from ₹15,35,076.31 crore, while refunds increased 25.91% to ₹3,08,306.98 crore from ₹2,44,872.21 crore.

Gross corporate tax collections rose from ₹6,91,010.61 crore to ₹8,01,471.71 crore, and net corporate tax collections rose from ₹5,36,285.79 crore to ₹6,31,959.53 crore. Gross non-corporate tax collections rose from ₹8,08,049.19 crore to ₹8,94,716.18 crore, and net collections rose from ₹7,17,922.31 crore to ₹7,55,944.96 crore. Corporate tax refunds increased from ₹1,54,724.82 crore to ₹1,69,512.18 crore, while non-corporate tax refunds increased from ₹90,126.88 crore to ₹1,38,771.22 crore.

Securities Transaction Tax (STT) collections increased from ₹35,681.88 crore to ₹54,077.90 crore, with zero refunds in both periods. Gross collections under other taxes fell from ₹334.63 crore to ₹20.10 crore, while refunds rose from ₹20.51 crore to ₹23.58 crore. As a result, net collections under other taxes moved from ₹314.12 crore to minus ₹3.48 crore. The TINMIS table classifies taxes paid by individuals, HUFs, firms, AoPs, BoIs, local authorities and artificial juridical persons as non-corporate tax.

Direct Tax Collections for F.Y. 2026-27 (as on 10.11.2026)

(Rs. In Crore)

FY 2025-26 (as on 10.11.2025)
FY 2026-27 (as on 10.11.2026)
Percentage Growth
Corporate Tax (CT)
Non*-Corporate Tax (NCT)
Securities Transaction Tax (STT)
Other taxes (OT)
Total
Corporate Tax (CT)
Non*-Corporate Tax (NCT)
Securities Transaction Tax (STT)
Other taxes (OT)
Total
Gross Collection
6,91,010.61
8,08,049.19
35,681.88
334.63
15,35,076.31
8,01,471.71
8,94,716.18
54,077.90
20.10
17,50,285.89
14.02%
Refunds
1,54,724.82
90,126.88
0.00
20.51
2,44,872.21
1,69,512.18
1,38,771.22
0.00
23.58
3,08,306.98
25.91%
Net Collection
5,36,285.79
7,17,922.31
35,681.88
314.12
12,90,204.10
6,31,959.53
7,55,944.96
54,077.90
-3.48
14,41,978.91
11.76%

Source: TINMIS
* NCT includes taxes paid by individuals, HUFs, Firms, AoPs, BoIs, Local Authorities, Artificial Juridical Person ↩ ↩

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