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Times of India·3 min read·medium

Direct tax collections rise sharply to Rs 8.11 lakh crore; non-corporate taxes lead

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Direct tax collections rise sharply to Rs 8.11 lakh crore; non-corporate taxes lead
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India's net direct tax collections grew by 23.09% to Rs 8.11 lakh crore by August 10, 2026, driven largely by strong performance in non-corporate and corporate tax segments. Despite higher refund payouts, the government has seen a significant year-on-year increase in revenue.

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Strong tax collection figures are a key indicator of economic health and fiscal stability for the Indian government, influencing future budgetary and policy decisions.

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India's net direct tax collections jumped 23.09% to Rs 8.11 lakh crore by August 10, 2026, up from Rs 6.59 lakh crore in the same period last year, data released by the income tax department showed.The latest figures put the increase in net tax receipts at Rs 1.52 lakh crore over the comparable period of 2025. The rise came from higher collections across key categories, with non-corporate taxes accounting for the largest share of net direct tax receipts.Before refunds, gross direct tax collections had reached Rs 9.55 lakh crore by August 10, compared with Rs 7.97 lakh crore a year earlier. This marked a year-on-year increase of 19.75%.Non-corporate tax collections climbed to Rs 5.07 lakh crore during the period, compared with Rs 4.11 lakh crore last year, an increase of around 23.4%.

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