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NewsBLFriday, 18 September 2026NEW

Net direct tax collection rises 13% to ₹12.12 lakh cr till Sept 17 on higher advance tax mop-up

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Summary
Corporate tax mop-up grew 19.48% to about ₹5.56 lakh crore, while non-corporate tax (individuals and HUFs) mop-up increased 6% to over ₹6.16 lakh crore.
Key Facts
TypeNews
SourceBusinessLine - Economy
PublishedFriday, 18 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy671 tracked→
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