New Delhi, Jul 14 (PTI) Net direct tax collection grew 16.40 per cent to over Rs 6.51 lakh crore till July 13 this fiscal, driven by higher corporate tax mop-up, government data showed on Tuesday.

Net corporate tax collection rose 22 per cent to Rs 2.40 lakh crore, and mop-up from net non-corporate tax (NCT), which includes taxes paid by individuals, HUFs, and firms, grew about 12 per cent to over Rs 3.84 lakh crore till July 13.

Refunds worth Rs 1.22 lakh crore were issued during the period, up 14.57 per cent over the year-ago period.

On a gross basis, direct tax collection increased 16.11 per cent to over Rs 7.73 lakh crore. This includes corporate tax mop-up of over Rs 3.35 lakh crore and NCT of about Rs 4.12 lakh crore.

The government has budgeted to collect Rs 26.97 lakh crore from direct taxes in the current fiscal year, a 15 per cent growth over Rs 23.40 lakh crore collected in FY26. PTI JD HVA

Direct tax collections rise as corporate and non-corporate tax receipts grow, alongside increased refunds during the fiscal year Net direct tax collection increased by 16.40 per cent to over Rs 6.51 lakh crore up to July 13 of the fiscal year. Net corporate tax collection rose by 22 per cent, while net non-corporate tax collection, covering individuals, Hindu undivided families and firms, increased by about 12 per cent. Refunds of Rs 1.22 lakh crore were issued, and gross direct tax collection increased by 16.11 per cent to over Rs 7.73 lakh crore.