The Income Tax Department, as of the 10th of this month, has collected over 8.11 lakh crore rupees net direct tax for the financial year 2026-27 so far. It is 23.09 percent higher growth as compared to the financial year 2025-2026 during the same period. The collection includes corporate tax of over 2.70 lakh crore rupees and non-corporate tax of 5.07 lakh crore rupees.
The department has also issued refunds of over one lakh 43 thousand crore rupees. The gross direct collection has recorded a significant growth of over 19 per cent, amounting to more than nine lakh 54 thousand crore rupees.
