India’s Net Direct Tax Collection Rises 13% to US$ 128.94 billion on Higher Advance Tax Mop-Up
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Summary
India’s net direct tax collection rose 13% to over US$ 128.94 billion till September 17, 2026, supported by strong growth in advance tax and corporate tax collections.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedMonday, 21 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
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight