Direct tax mop-up misses FY26 target; Collections rise 5%
- Posted on May 4, 2026
- By Business News Today
- 0 Views
- 1 min read
Direct tax mop-up misses FY26 target; Collections rise 5%
India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by ₹81,000 crore. Both corporate and personal income tax collections were lower than anticipated. Officials noted the economy's resilience. They expect some moderation in tax growth this year. A clearer picture will emerge by June.
