Net direct tax mop-up rises 9% to Rs 10.82 lakh cr, corporate advance tax grows; refunds fall

Sep 19, 2025 - 01:30
Net direct tax mop-up rises 9% to Rs 10.82 lakh cr, corporate advance tax grows; refunds fall

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

India's net direct tax collections surged by 9.18% to exceed Rs 10.82 lakh crore, propelled by increased corporate advance tax payments. However, refunds witnessed a 24% decline to Rs 1.61 lakh crore. The government aims for Rs 25.20 lakh crore in direct tax collection for FY26, marking a 12.7% increase.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0