Direct tax collections rise 13% to Rs 12.12 lakh crore in FY27 so far
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AI-generated summary of the coverage listed below: In the first nine months of fiscal year 2027, India’s net direct tax receipts increased by 12.96 percent, reaching Rs 12.12 lakh crore, according to government data. Advance tax payments grew 16.18 percent to Rs 5.22 lakh crore. The rise reflects higher compliance and tax enforcement, contributing to the government’s revenue targets and fiscal stability. QUOTE: "Advance tax grew 16.18% to Rs 5.22 lakh crore in FY27." — Times Now
Covered by 3 outlets across the spectrum: 0% left, 33% center, 67% right.
Who is covering this story
- Center (1): The New Indian Express
- Right-leaning (2): Deccan Chronicle, Times Now
Sources
- Net Direct Tax Collections Surge 13% to ₹12.12 Lakh Crore Till Sept 17 — Deccan Chronicle (right-leaning)
- Net direct tax collections rise 12.96 per cent to Rs 12.12 lakh crore — The New Indian Express (center)
- Direct Tax Collections Jump 13% To Rs 12.12 Lakh Crore In FY27 So Far; Advance Tax Up 16% — Times Now (right-leaning)