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Nov 12, 2025
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Centre’s net direct tax collections rise 7% so far in FY26 on lower refunds: CBDT
India’s direct tax collections have maintained steady momentum, with the latest data indicating a year-on-year increase in net collections (as of November 10, 2025), according to latest data from the Central Board of Direct Taxes (CBDT). The rise in tax collections underscores resilient corporate profitability, expanding individual tax base and improved compliance.
According to the latest numbers for FY 2025-26 (up to November 10, 2025), net direct tax collections have touched Rs 12.92 lakh crore, compared with Rs 12.07 lakh crore in the same period last year. This reflects a growth of 7 per cent year on year, even as refunds have fallen sharply.
Corporate tax leads the rise
Corporate tax (CT) collections have shown strong performance this year.
Gross corporate tax collections rose from Rs 6.60 lakh crore in FY25 to Rs 6.91 lakh crore in FY26.
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