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The Economic Times

Economy / The Economic Times

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Direct tax mop-up misses FY26 target; Collections rise 5%

India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by 81,000 crore. Both corporate and personal income tax collections were lower than anticipated. Officials noted the economy's resilience. They expect some moderation in tax growth this year. A clearer picture will emerge by June.

5 May 2026 12:09 am