India's net direct tax collections rise 13% to Rs 12.1 lakh crore till September 17 of FY27

India's net direct tax collections rose 12.96% year-on-year to Rs 12.12 lakh crore as of September 17 of financial year 2026-27, according to data released by the Income Tax department on Friday.

Gross direct tax collections increased 15.19% to Rs 14.32 lakh crore during the period, while refunds issued stood at Rs 2.20 lakh crore, up 29.19% from the year-ago period.

Also read: India's net direct tax collection rises 23% to Rs 8.11 lakh crore as of August 10


Net corporate tax collections rose to Rs 5.56 lakh crore from Rs 4.65 lakh crore a year earlier, while net non-corporate tax collections increased to Rs 6.16 lakh crore from Rs 5.81 lakh crore.

Net collections from the Securities Transaction Tax (STT) climbed to Rs 40,214.36 crore, compared with Rs 26,305.72 crore in the corresponding period last year.

Net collections under other taxes were marginally negative at Rs -0.20 crore, against Rs 280.51 crore a year earlier.

On a gross basis, corporate tax collections rose to Rs 6.95 lakh crore from Rs 5.96 lakh crore in the year-ago period. Gross non-corporate tax collections increased to Rs 6.98 lakh crore from Rs 6.21 lakh crore, while gross STT collections stood at Rs 40,214.36 crore, up from Rs 26,305.72 crore.

Gross collections under other taxes stood at Rs 17.12 crore, compared with Rs 297.14 crore in the same period last year.

Also read: India's net direct tax collections rise 16.4% to Rs 6.51 lakh crore as of July 13

The data showed that total direct tax collections before refunds increased to Rs 14.32 lakh crore as of September 17 this year, from Rs 12.44 lakh crore in the year-ago period.

The figures include taxes paid by companies as well as individuals, Hindu Undivided Families (HUFs), firms, associations of persons (AoPs), bodies of individuals (BoIs), local authorities and artificial juridical persons.