Added on September 18, 2025
KV Network
Net direct tax revenue jumps 9 pc to Rs 10.82 lakh cr till Sep 17
NEW DELHI, Sep 18 (PTI): Net direct tax collection grew 9.18 per cent so far this fiscal to over Rs 10.82 lakh crore due to higher advance tax mop-up from corporates and slower refunds.
Refund issuances dropped 24 per cent to Rs 1.61 lakh crore between April 1 and September 17.
During the period, corporate advance tax collection increased 6.11 per cent to over Rs 3.52 lakh crore. However, non-corporate advance tax mop-up declined 7.30 per cent to Rs 96,784 crore.