<h1>India's Direct Tax Collection Surges 19.1% in 2017-18; Corporate Tax Rises 7.2%, Personal Tax Up 17.5.</h1> Direct tax collections in India for the financial year 2017-18 up to July 2017 have grown by 19.1%, reaching Rs. 1.90 lakh crore, compared to the same period last year. This amount represents 19.5% of the total budget estimates for the year. Corporate Income Tax (CIT) gross revenue grew by 7.2%, and Personal Income Tax (PIT), including Securities Transaction Tax (STT), increased by 17.5%. After accounting for refunds, CIT net growth is 23.2%, and PIT net growth is 15.7%. Refunds issued during this period totaled Rs. 61,920 crore, a 5.1% decrease from the previous year.