India’s net direct tax collection increased 9.4 percent to around Rs 19.44 lakh crore in the current financial year up to February 10, supported by higher corporate tax receipts and relatively slower refunds.

According to data released by the Income Tax Department on Wednesday, net corporate tax collections rose 14.51 percent to Rs 8.90 lakh crore during the period. Meanwhile, tax collections from non-corporates — including individuals and Hindu Undivided Families (HUFs) — grew 5.91 percent to about Rs 10.03 lakh crore.

Collections from Securities Transaction Tax (STT) stood at Rs 50,279 crore between April 1 and February 10, remaining nearly flat compared to the corresponding period of the previous fiscal year.