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Net direct tax collection rises 13% to over ₹12.12 lakh crore till September 17 – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Net direct tax collection rises 13% to over ₹12.12 lakh crore till September 17

Net direct tax collection rises 13% to over ₹12.12 lakh crore till September 17

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| Photo Credit: Reuters

The government’s net direct tax collection rose 13% to over ₹12.12 lakh crore till September 17 of the current fiscal on higher advance tax mop-up, according to the latest data released on Friday (September 18, 2026).

Corporate tax mop-up grew 19.48% to about ₹5.56 lakh crore, while non-corporate tax (individuals and HUFs) mop-up increased 6% to over ₹6.16 lakh crore. Securities Transactions Tax (STT) collection grew 53% to ₹40,214 crore between April 1 and September 17, 2026.

Refund issuance jumped 29.19% to over ₹2.20 lakh crore till September 17, the data released by the Central Board of Direct Taxes (CBDT) showed.

Gross direct tax collection clocked a 15% growth totalling over ₹14.32 lakh crore.

Advance Tax mop-up till September 17 increased 16.18% to about ₹5.22 lakh crore. This included an 18% growth in advance corporate tax payments at over ₹4.16 lakh crore, and a 9.24% rise in non-corporate advance tax payments of ₹1.06 lakh crore.

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