Net direct tax collection rises 5 pc to Rs 23.40 lakh cr in FY26 but falls short of revised estimates

Net direct tax collection rises 5 pc to Rs 23.40 lakh cr in FY26 but falls short of revised estimates https://www.taxtmi.com/news?id=72656 Net direct tax collections for 2025-26 rose 5.12 per cent to over Rs 23.40 lakh crore, but remained below the revised estimate of Rs 24.21 lakh crore. CBDT data showed net corporate tax collections at Rs 10.99 lakh crore and personal income tax, including Securities Transaction Tax, at about Rs 12.41 lakh crore. Gross direct tax collection stood at about Rs 28.12 lakh crore, while refund issuance declined 1.09 per cent to Rs 4.71 lakh crore. en-us Mon, 04 May 2026 20:31:03 +0530 Mon, 04 May 2026 20:31:03 +0530 TaxTMI RSS Generator Net direct tax collection rises 5 pc to Rs 23.40 lakh cr in FY26 but falls short of revised estimates https://www.taxtmi.com/news?id=72656 Net direct tax collections for 2025-26 rose 5.12 per cent to over Rs 23.40 lakh crore, but remained below the revised estimate of Rs 24.21 lakh crore. CBDT data showed net corporate tax collections at Rs 10.99 lakh crore and personal income tax, including Securities Transaction Tax, at about Rs 12.41 lakh crore. Gross direct tax collection stood at about Rs 28.12 lakh crore, while refund issuance declined 1.09 per cent to Rs 4.71 lakh crore. News - Mon, 04 May 2026 20:31:03 +0530 https://www.taxtmi.com/news?id=72656