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Net direct tax collection has increased 7 per cent to over Rs 12.92 lakh crore in the ongoing financial year so far, on higher corporate tax mop-up and slower refunds. Refund issuances fell 18 per cent to over Rs 2.42 lakh crore between April 1 and November 10.

Net corporate tax collection during the period stood at about Rs 5.37 lakh crore, up from Rs 5.08 lakh crore in the same period in 2024. Non-corporate tax, including individuals and HUFs, mop-up so far this fiscal year stood around Rs 7.19 lakh crore, up from about Rs 6.62 lakh crore in the same period last year.

Securities Transaction Tax (STT) collection stood at Rs 35,682 crore so far this fiscal year, marginally lower than Rs 35,923 crore in the year -ago period.

Net direct tax collection, which inclu

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