Bumper jump in tax collection! Rs 5.21 lakh crore poured into government treasury in just 75 days, many records broken

Gross Tax Collection Data: A good news has come on the country’s economy and economic front. A huge increase of 14.6 percent has been recorded in the direct taxes received by the government from the beginning of the financial year 2026-27 i.e. from April 1 to June 17. With this increase, the total tax received by the government has become Rs 6,10,050.53 crore, which was Rs 5,42,478.57 crore in the same period last year. This information has been given by the Income Tax Department today on Thursday.

According to the data given on the Income Tax website, out of the gross tax collection of Rs 6,10,050.53 crore, the contribution of corporate tax was Rs 2,76,538.46 crore, the contribution of non-corporate tax was Rs 3,14,653.07 crore, the contribution of security transaction tax was Rs 18,856.12 crore and the contribution of other taxes was Rs 2.88 crore.

Rs 89,025.71 crore released in refund

The government has issued Rs 89,025.71 crore as refund during the period under review, this figure was Rs 87,979.39 crore in the same period last year. During this period, Rs 68,304.99 crore has been given as corporate tax and Rs 20,715.51 crore as non-corporate tax refund. In the period from the beginning of April to June 17 of the financial year 2026-27 net tax collection Rs 5,21,024.82 crore, which is 14.64 percent higher on annual basis than Rs 4,54,499.18 crore for the same period last year.

Total Contribution of Securities Transaction Tax

In this, the contribution of corporate tax was Rs 2,08,233.47 crore, the contribution of non-corporate tax was Rs 2,93,937.56 crore and the contribution of security transaction tax was Rs 18,856.12 crore. With this the government advance tax collection Figures have also been released. Advance tax collection in the April-June (till June 17) period of the financial year 2026-27 has been Rs 1,78,373.06 crore, which is 15.30 percent more than the figure of Rs 1,54,706.02 crore for the same period last year.

The contribution of corporate tax in this has been Rs 1,40,752.74 crore, which is 16.01 percent more than the figure of Rs 1,21,333.03 crore for the same period last year. At the same time, the contribution of non-corporate tax has increased by 12.73 percent on an annual basis to Rs 37,620.32 crore, which was earlier Rs 33,372.99 crore.

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What did the expert say?

According to News 18 report, Deloitte India partner Rohinton Sidhwa said that these figures reflect the strong economic condition of the country. It is clear from the huge advance tax being paid by the companies that their profits are increasing. If this trend continues like this, it will help the government a lot in keeping its fiscal deficit under control.