Income Tax Dept Releases Data for Direct Tax Collection for FY 2026-27 as of October 14, 2026:

The Income Tax Department has released the data on gross direct tax (DT) collections, refunds, and net direct tax (DT) collections for the financial year 2026-27 as of October 14, 2026. The data can be accessed on the national website of the department at https://www.incometaxindia.gov.in/.

In comparison to the previous financial year, India this year has increased its direct tax collection by 13.21% from Rs 11.82 lakh crore to Rs 13.38 lakh crore as of October 14, 2026.

The nation this financial year 2026-27 has made the growth of 14.89% in gross direct tax collection from Rs 13.95 lakh crore (in FY 2025-26) to Rs 16.03 lakh crore. While growth of 24.22% has been noticed in refunds. In FY 2025-26, refunds amounting to Rs 1.53 lakh crore were collected, while in FY 2026-27, a refund collection of Rs 2.65 lakh crore was made.

The faster growth in refunds moderated the increase in net tax receipts, although net collections continued to record double-digit growth during the period.

Refer to the official table of Direct Tax Collection for FY 2026-27 as of October 14, 2026, for complete information.

Data on Gross Direct Tax (DT) collections, Refunds and Net Direct Tax (DT) collections for FY 2026-27 as on 14.10.2026 has been released. The data is available on the national website of Income Tax Department at the following link: https://t.co/DRP6ZxyGxa

— October 15, 2026