India’s Direct Tax Growth Moderates to 5% in FY26 as Economic Momentum Shifts
Fiscal Performance Amid Economic Cooling India’s direct tax collections reached ₹23.4 lakh crore in the 2026 fiscal year, marking a modest 5% year-on-year increase that narrowly surpassed government budget estimates. This performance, announced by finance officials in New Delhi this week, highlights a transition from the double-digit post-pandemic surges to a more measured, compliance-driven revenue…
