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1h agoIndia’s direct tax revenue rises 7% YoY to ₹12.92 lakh crore as compliance improves
India’s gross direct tax collections for FY2025-26 reached ₹12.92 lakh crore as of November 10, reflecting 7% year-on-year growth. Corporate tax contributed ₹5.37 lakh crore, while personal income tax accounted for the remainder. The Finance Ministry highlighted improved compliance and stronger corporate profitability as key drivers. Refunds worth ₹1.78 lakh crore have been issued so far this fiscal. The growth in tax receipts underscores sustained business activity and formalization of the economy despite global uncertainties.
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1h agoIndia’s direct tax revenue rises 7% YoY to ₹12.92 lakh crore as compliance improves
India’s gross direct tax collections for FY2025-26 reached ₹12.92 lakh crore as of November 10, reflecting 7% year-on-year growth. Corporate tax contributed ₹5.37 lakh crore, while personal income tax accounted for the remainder. The Finance Ministry highlighted improved compliance and stronger corporate profitability as key drivers. Refunds worth ₹1.78 lakh crore have been issued so far this fiscal. The growth in tax receipts underscores sustained business activity and formalization of the economy despite global uncertainties.
Explore:Mutual Fund Tools
about 2 hours ago
1 min read
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India’s direct tax receipts rose 7% YoY to ₹12.92 lakh crore till November 10, supported by higher compliance and stronger corporate earnings.
India’s gross direct tax collections for FY2025-26 reached ₹12.92 lakh crore as of November 10, reflecting 7% year-on-year growth. Corporate tax contributed ₹5.37 lakh crore, while personal income tax accounted for the remainder. The Finance Ministry highlighted improved compliance and stronger corporate profitability as key drivers. Refunds worth ₹1.78 lakh crore have been issued so far this fiscal. The growth in tax receipts underscores sustained business activity and formalization of the economy despite global uncertainties.
India’s gross direct tax collections for FY2025-26 reached ₹12.92 lakh crore as of November 10, reflecting 7% year-on-year growth. Corporate tax contributed ₹5.37 lakh crore, while personal income tax accounted for the remainder. The Finance Ministry highlighted improved compliance and stronger corporate profitability as key drivers. Refunds worth ₹1.78 lakh crore have been issued so far this fiscal. The growth in tax receipts underscores sustained business activity and formalization of the economy despite global uncertainties.
Tags:
economy
tax collection
economy
tax collection
direct tax
finance ministry
corporate tax
Nov 11, 2025 • 14:41 IST