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Net direct tax collection rises 13.21% to Rs 13.38 lakh crore till October 14

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Net direct tax collection increased 13.21% year-on-year to approximately Rs 13.38 lakh crore between April 1 and October 14 of FY27, driven by strong growth in corporate tax receipts.

Net corporate tax collection rose 20.58% to over Rs 5.99 lakh crore, while non-corporate tax collection, which includes taxes paid by individuals, firms and Hindu Undivided Families (HUFs), grew 5.83% to around Rs 6.92 lakh crore during the period.

Meanwhile, revenue from the securities transaction tax (STT) surged 52% to Rs 46,840 crore as of October 14, 2026.