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Net direct tax collections rise 11.76% to ₹14.42 lakh crore by 10 November 2026

Official data: net direct taxes ₹14,41,978.91 crore to 10 November 2026, up 11.76%. Corporate tax +17.84%, STT +51.56%, refunds +25.91%.

By Refogo News DeskNew DelhiPublished

₹14.42 lakh crNet direct taxes to 10 Nov 2026 (+11.76%)
In short

Net direct tax collections reached ₹14,41,978.91 crore between 1 April and 10 November 2026, up 11.76% year on year, according to the Income Tax Department's provisional data. Gross collections rose 14.02% to ₹17,50,285.89 crore and refunds rose 25.91% to ₹3,08,306.98 crore. That is 53.47% of the ₹26.97 lakh crore Budget target.

Net growth by head (%)
STT51.56%
Corporate tax17.84%
Total11.76%
Non-corporate tax5.3%
Source: Income Tax Department, Direct Tax Collections for FY 2026-27 as on 10.11.2026

Our full report breaks down every head, the refund base effect, momentum since July and two year-end scenarios against the Budget target.

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Charts, tables, the Budget gap and what it means for taxpayers.

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