{"id":"f-e550251d2f-776651a6-7fe8-5cef-ab2f-a66eb9180559","title":"Government's direct tax kitty swells as companies and individuals pay more","description":"India’s net direct tax collections for FY 2025–26 rose 8.82 percent to ₹18,37,898.32 crore by January 11, 2026, driven by higher corporate and non-corporate tax inflows.","timestamp":1768230443,"category":"business","headline":"Government's direct tax kitty swells as companies and individuals pay more","modifiedHeadline":"Tax Revenue Rises as Firms, People Pay More","subCategories":["scid_08f7a4b9"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"85","fcSummary":"India's direct tax collections grew 8.82% year-on-year up to January 11, 2026, driven by higher corporate and non-corporate tax inflows. Gross direct tax collections reached ₹21,49,831.89 crore, while net collections, after refunds, stood at ₹18,37,898.32 crore.","summary":"India's direct tax revenue surges! Collections up 8.82% to ₹18.37 lakh crore by Jan 11, 2026, fueled by strong corporate tax inflows.","ctaUrl":"https://trends.glance.com/newz/Economy/IN/en/cnbc-tv18/f-e550251d2f-776651a6-7fe8-5cef-ab2f-a66eb9180559","sourceUrl":"https://www.cnbctv18.com/market/direct-tax-collections-rise-on-higher-corporate-and-non-corporate-tax-receipts-ws-l-19819427.htm","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/wFHLCqvjB3N0.webp","content":"India’s direct tax collections for FY 2025–26 showed steady growth as net collections increased by 8.82% year-on-year up to January 11, 2026, driven by higher corporate and non-corporate tax inflows, according to data released by the government.\n\n
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\n Gross direct tax collections for the current financial year stood at ₹21,49,831.89 crore as on January 11, 2026, compared with ₹20,64,350.94 crore in the corresponding period of FY 2024–25, reflecting a growth of 4.14%. Corporate tax collections formed a significant portion, with gross corporate tax at ₹10,46,574.28 crore, up from ₹9,71,851.07 crore a year earlier.\n
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\n Non-corporate tax collections, which include taxes paid by individuals, HUFs, firms, associations of persons, bodies of individuals, local authorities and artificial juridical persons, also rose during the period. Gross non-corporate tax collections increased to ₹10,58,046.13 crore from ₹10,45,093.86 crore in the same period last year. Securities Transaction Tax collections remained broadly stable at ₹44,866.52 crore, while collections from other taxes stood at ₹344.96 crore.\n\n
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\n Refunds issued during FY 2025–26 up to January 11 amounted to ₹3,11,933.57 crore, lower than ₹3,75,441.27 crore issued during the corresponding period of the previous financial year, marking a decline of 16.92%. Corporate tax refunds declined to ₹1,83,535.40 crore from ₹2,04,111.05 crore, while non-corporate tax refunds fell to ₹1,28,374.44 crore from ₹1,71,281.34 crore.\n
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Also read: Binny Bansal NRI tax claim rejected: What went wrong and how to correctly claim NRI status\n
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\n After adjusting for refunds, net direct tax collections rose to ₹18,37,898.32 crore as on January 11, 2026, compared with ₹16,88,909.67 crore in the same period last year. Net corporate tax collections increased to ₹8,63,038.88 crore, while net non-corporate tax collections stood at ₹9,29,671.69 crore, underscoring the overall improvement in direct tax mobilisation during the current financial year.\n","readDurationInMinutes":"3","author":{"name":"CNBC TV18","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/ecc3d19b-fc52-4a39-881c-5b0936ae723b.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"383191425","type":"COMSCORE"}],"pointerSummary":["India's FY26 direct tax rises 8.82% YoY to Jan 11, driven by corp & non-corp growth.","Gross direct tax ₹21.5L cr, up 4.14%. Corp tax leads at ₹10.5L cr; non-corp also up.","Refunds down 16.92% to ₹3.12L cr. Net direct tax ₹18.38L cr; corp & non-corp improve."],"tags":["IndiaTax","DirectTaxCollections","CorporateTax","NonCorporateTax","TaxRevenue","IndianEconomy","FY202526","TaxGrowth","TaxRefunds","SecuritiesTransactionTax","TaxInflows"],"consent":true,"redirectionEnabled":false}

Government's direct tax kitty swells as companies and individuals pay more

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