Net direct tax collection grows 9.18% till September 17 this fiscal: CBDT
The Central Board of Direct Taxes (CBDT) in its latest data has showed that net direct tax collection grew 9.18 per cent to over Rs 10.82 lakh crore till September 17 in this fiscal (FY26), due to higher advance tax mop-up from corporates and slower refunds. It was over Rs 9.91 lakh crore a year ago. During the period, refund issuances dropped 24 per cent to Rs 1.61 lakh crore. Corporate advance tax collection increased 6.11 per cent to over Rs 3.52 lakh crore. However, non-corporate advance tax mop-up declined 7.30 per cent to Rs 96,784 crore.
Data showed between April 1, 2025 and September 17 2025, net corporate tax collection stood at over Rs 4.72 lakh crore, up from Rs 4.50 lakh crore in the same period in 2024. Non-corporate tax, which includes individuals and HUFs, mop-up so far this fiscal stood at about Rs 5.84 lakh crore, up from over Rs 5.13 lakh crore in the same period of the last year. Securities Transaction Tax (STT) collection stood at Rs 26,306 crore so far this fiscal, up from Rs 26,154 crore in the year-ago period.
It further stated that gross direct tax collection, before adjusting refunds, stood at over Rs 12.43 lakh crore till September 17 this fiscal, a 3.39 per cent growth over the year-ago period. The government projects its direct tax collection to be Rs 25.20 lakh crore for the 2025-26 fiscal year, which is a 12.7% increase compared to the previous year. The government aims to collect Rs 78,000 crore from STT in FY26.
