The gross direct tax collections in 2026-27 up to November 10 jumped little over 14% on an annualised basis to around ₹17. 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. Gross direct tax receipts rise 14% to ₹17.50 trillion, while refunds jump 25.9%; net collections reach 53.