Economy #direct tax#corporate earnings
Net direct tax collections rise nearly 15% to Rs 5.21 lakh crore; advance tax growth signals strong corporate earnings
India's net direct tax collections rose 14.64% to Rs 5.21 lakh crore as of June 17 in FY27, driven by strong corporate advance tax (up 16%) and securities transaction tax (up 45%). The government is on track to meet its FY27 direct tax target of Rs 26.97 lakh crore.
Jun 20, 2026 1 source