New Delhi, Jan. 26 -- The central government's tax collections have remained weak so far in the ongoing financial year 2025-26 (FY26), with growth significantly lower than budgeted estimates, but the situation is expected to improve in the next financial year, FY27, according to a report by CareEdge Ratings.

The report noted that gross tax collections have grown by just 3.3 per cent year-on-year during the first eight months of FY26, much lower than the budgeted growth of 12.5 per cent. This highlights the subdued performance of tax revenues in the current fiscal year so far.

It stated, "Direct tax collections have lagged in the year so far, with growth in corporate and income tax collections being lower than the budgeted annual growth"...