Net direct tax collection rises 23% to ₹8.11 lakh crore till August 10: Govt data

India’s net direct tax collections rose 23.09% year-on-year to ₹8.11 lakh crore as of August 10, 2026, according to official data released by the Income Tax Department on Tuesday.

Net direct tax collections stood at ₹6.59 lakh crore during the corresponding period a year earlier. The latest figures include corporate tax, non-corporate tax, securities transaction tax (STT) and other taxes.

Gross direct tax collections also recorded strong growth, rising 19.75% year-on-year to ₹9.55 lakh crore as of August 10, compared with ₹7.97 lakh crore in the year-ago period.

Direct taxes comprise taxes collected directly from taxpayers, primarily corporate income tax and personal income tax, along with securities transaction tax and certain other levies.

The data showed that refunds issued during the period increased 3.79% to ₹1.43 lakh crore, compared with ₹1.38 lakh crore in the corresponding period of 2025-26.

Corporate tax collections on a gross basis rose to ₹3.80 lakh crore from ₹3.32 lakh crore a year earlier. Non-corporate tax collections, which include taxes paid by individuals, Hindu Undivided Families, firms, associations of persons and other entities, increased to ₹5.41 lakh crore from ₹4.42 lakh crore.

On a net basis, corporate tax collections increased to ₹2.70 lakh crore from ₹2.26 lakh crore, while non-corporate tax collections rose to ₹5.07 lakh crore from ₹4.11 lakh crore.

Securities transaction tax collections stood at ₹33,824 crore on a gross basis, compared with ₹22,354 crore in the year-ago period. On a net basis, STT collections remained at ₹33,824 crore.

Direct taxes comprise taxes collected directly from taxpayers, primarily corporate income tax and personal income tax, along with securities transaction tax and certain other levies.

“Data shows strong growth in gross non-corporate taxes and STT collections, and a slowdown in refunds. This is leading to 23% growth in net collections. It is expected, however, that the pace of refunds will increase over the next few months. However, Gross corporate tax collections, on the other hand, are growing at a more modest 14%,” said Rohinton Sidhwa, Partner, Deloitte India.

The figures are for the financial year 2026-27 up to August 10 and have been sourced from Tax Information Network Management Information System (TINMIS), according to the Income Tax Department.

The latest numbers come amid the government’s continued focus on improving tax compliance and expanding the formalisation of economic activity.