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flag India's tax collections hit ₹18.37 trillion by Jan. 11, 2026, nearing 75% of its annual target.

flag India's net direct tax collections reached ₹18.37 trillion by January 11, 2026, up 8.8% year-on-year, nearing 75% of the full-year target of ₹25.2 trillion. flag Corporate tax revenue rose 12.4% to ₹8.63 trillion, exceeding forecasts, while non-corporate collections grew 6.4%. flag A 17% drop in tax refunds to ₹3.11 lakh crore boosted net collections, aided by tax reforms and improved compliance from initiatives like the "Nudge" campaign. flag Securities transaction tax rose slightly, and non-tax revenue remained strong.

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