India's net direct tax collections witnessed robust growth in the 2026-27 financial year, reaching ₹6.51 lakh crore, a 16.4% increase over the previous year. Corporate tax collections climbed 22% to ₹2.40 lakh crore, while non-corporate tax collections rose 12% to ₹3.84 lakh crore, reflecting strong economic activity and improved tax compliance across sectors.
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Net Direct Tax Revenue Surges To ₹6.51 Lakh Crore
