India’s net direct tax collections rose 11.76% to ₹14.42 trillion by 10 November in FY27. Corporate tax receipts led growth, increasing 17.8%, while faster refunds moderated net collections. India's net direct tax collections rose 11.76% year-on-year to ₹14.42 trillion as of 10 November in FY27, with corporate tax receipts providing the biggest boost, growing 17.8% to ₹6.32 trillion, provisional data from the Income Tax Department showed.