India's internet direct tax collections grew 6.33% year-on-year to ₹11.89 lakh crore within the April 1-October 12 interval, confirmed information launched by the Central Board of Direct Taxes on Monday.
The revenue tax division issued refunds price ₹2.03 lakh crore, a 15.98% drop over the identical interval final 12 months.
Gross tax collections rose 2.36% year-on-year to ₹13.92 lakh crore, in response to the information.
The collections included ₹5.01 lakh crore in company tax and ₹6.56 lakh crore in non-corporate tax.
The federal government collected safety transaction tax (STT) price ₹30,878 crore within the interval beneath overview. It has budgeted ₹78,000 crore from STT within the present monetary 12 months.
The federal government has budgeted ₹25.2 lakh crore in internet direct tax income for FY26, up from ₹22.3 lakh crore in FY25 when collections rose 13.6%, exceeding preliminary budgeted goal.
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