TaxTMI 
TaxTMI 
Net direct tax collection rises 5 pc to Rs 23.40 lakh cr in FY26 but falls short of revised estimates
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....et direct tax collection rises 5 pc to Rs 23.40 lakh cr in FY26 but falls short of revised estimates<BR>Income Tax<BR>Dated:- 4-5-2026<BR>PTI<BR>New Delhi, May 4 (PTI) Government's net direct tax coll....
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....ections grew 5.12 per cent to over Rs 23.40 lakh crore in 2025-26, but missed the revised budgeted target set for the fiscal year that ended March 2026. In the revised estimates (RE) for the fisca....
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....l year (2025-26), the government projected its direct tax collection at Rs 24.21 lakh crore. This included a corporate tax of Rs 11.09 lakh crore and personal income tax (including STT) of Rs 13.12 la....
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....kh crore. According to the data released by the Central Board of Direct Taxes (CBDT), net corporate tax mop-up was Rs 10.99 lakh crore, and personal income tax, including Securities Transaction Ta....
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....x, was about Rs 12.41 lakh crore. Net direct tax collection (including corporate and non-corporate tax) came in at Rs 23.40 lakh crore in FY26, registering a 5.12 per cent growth over Rs 22.26 lak....
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....h crore collected in FY25. Refund issuance dipped 1.09 per cent year-on-year to Rs 4.71 lakh crore in 2025-26. Gross direct tax collection during the recently concluded fiscal stood at about R....
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....s 28.12 lakh crore, up 4.03 per cent from the 2024-25 fiscal. PTI JD HVA =============<BR> News - Press release - PIB....