Direct tax receipts climb up by 4.14%
New Delhi, Jan. 13 -- Gross direct tax collections in the current financial year up to January 11 have seen a 4.14% annualised growth to about Rs.21.5 lakh crore, driven by higher corporate tax revenues, according to the government data released on Monday.
Net direct tax revenues grew by about 9% to approximately Rs.18.38 lakh crore in 2025-26 (as on January 11) on lesser refunds as compared to the same period of previous financial year.
Total refunds in the current period were Rs.3.12 lakh crore, about 17% dip from Rs.3.75 lakh crore in the same period of previous year, the data released by the income-tax department said.
Net proceeds included net corporate tax revenues of over Rs.8.63 lakh crore and tax from non-corporates came to around ...
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