India reports 9.4 percent growth in net direct tax collections through February
India's net direct tax collections reached 19.4 trillion rupees as of February 10, marking a 9.4 percent increase. The government also issued 3.3 trillion rupees in refunds.
India 
IN has recorded a 9.4% year-on-year increase in net Direct tax collections (corporate and income tax), reaching 19.4 trillion rupees as of February 10, 2026. The Indian government announced these figures on Wednesday, February 11, providing a critical near-financial-year update on national revenue. According to the Income Tax Department, the total gross direct tax receipts for the period starting April 1 amounted to 22.8 trillion rupees, while refunds issued to taxpayers during the same timeframe totaled 3.3 trillion rupees.
IN has recorded a 9.4% year-on-year increase in net Direct tax collections (corporate and income tax), reaching 19.4 trillion rupees as of February 10, 2026. The Indian government announced these figures on Wednesday, February 11, providing a critical near-financial-year update on national revenue. According to the Income Tax Department, the total gross direct tax receipts for the period starting April 1 amounted to 22.8 trillion rupees, while refunds issued to taxpayers during the same timeframe totaled 3.3 trillion rupees.These collections, which primarily consist of corporate and income tax, serve as a primary indicator of government revenue as the country approaches the end of its fiscal year, which runs from April to March. The data covers the period from April 1 through February 10, offering a snapshot of the fiscal health of the nation. The net collection figure is derived by subtracting the 3.3 trillion rupees in refunds from the gross receipts.
