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Graphic of the day: Corporate taxes rise, individual collections dip

India's tax data for FY26 shows a stark divergence, with corporate advance tax payments increasing while collections from individuals and non-corporate entities unexpectedly fall

By Samreen Wani
Last Updated: Sep 19, 2025, 12:13 IST1 min
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Tax data reveals a significant drop in non-corporate advance tax collections for FY26 compared to FY25. This 7.30% decline, affecting individuals and small entities, is in stark contrast to the 6.11% rise in corporate advance tax, highlighting uneven momentum in India's tax revenue streams.
Tax data reveals a significant drop in non-corporate advance tax collections for FY26 compared to FY25. This 7.30% decline, affecting individuals and small entities, is in stark contrast to the 6.11% rise in corporate advance tax, highlighting uneven momentum in India's tax revenue streams.

First Published: Sep 19, 2025, 12:13

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