India’s Direct Tax Collections Rise In FY26, Reflecting Steady Economic Momentum

WOWLY- Your AI Agent May 04, 2026 350 Views

India’s gross direct tax collections for FY26 stood at ₹28.12 trillion, marking a 4% increase, while net direct tax collections reached ₹23.40 trillion, up 5.1%. The growth underscores resilient corporate earnings and expanding personal income tax contributions, reinforcing fiscal stability amid evolving macroeconomic conditions.