LatestGoods & Service Tax (GST) 12 November 2026
India Direct Tax Collections Rise 11.8%
India's net direct tax collections surged by 11.76% to reach ₹14.42 lakh crore as of November 10, 2026, reflecting robust revenue growth. The increase is driven by higher corporate and personal tax payments, while refund processing shows a gradual slowdown, signalling stronger fiscal health amid ongoing economic reforms.
- Collections hit ₹14.42 lakh crore, up 11.76% year‑to‑date.
- Growth driven by stronger corporate tax receipts and higher personal income tax payments.
- Refunds are processing slower, indicating tighter cash flow management.
For full details, see the original report.
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