India's net direct tax collections rise 16.4% to Rs 6.51 lakh crore as of July 13
- Posted on July 14, 2026
- By Business News Today
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- 1 min read
In brief
India demonstrates robust fiscal health as net direct tax collections surge 16.4% year-over-year, reaching Rs 6.51 lakh crore by mid-July. This impressive growth trajectory reflects strengthened corporate and non-corporate tax revenues, alongside gains in securities transaction tax. The substantial increase indicates accelerating economic activity and improved tax compliance, signaling positive momentum in government revenue generation ahead of the fiscal year.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
India's net direct tax collections rise 16.4% to Rs 6.51 lakh crore as of July 13
Net direct tax collections have increased sixteen point four percent year-on-year. Gross direct tax collections also saw a sixteen point one percent rise. Corporate tax collections, after refunds, grew significantly from last year. Non-corporate tax collections and securities transaction tax also climbed. These figures reflect strong tax performance up to July thirteenth.
