Refund issuances soared 24.22 per cent year-on-year to ₹2.65 trillion during the period
Net direct tax collection rose 13.21 per cent to about ₹13.38 trillion between April 1 and October 14, driven by a healthy pick-up in corporate taxes.
Net corporate tax mop-up grew 20.58 per cent to over ₹5.99 trillion, while non-corporate tax (paid by individuals, firms and HUFs) rose 5.83 per cent to about ₹6.92 trillion so far this fiscal year.
Collection from securities transaction tax (STT) swelled 52 per cent to ₹46,840 crore till October 14 of FY27.
Refund issuances soared 24.22 per cent year-on-year to ₹2.65 trillion during the period.