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        <h1>Direct Tax Collections Surge Over 42.9% to Rs.1,40,373 Crore from April to November 2007, Exceeding 52% of Target.</h1> Direct tax collections grew by over 42.9% from April 1 to November 15, 2007, reaching Rs.1,40,373 crore compared to Rs.98,216 crore in the previous year. Corporate Tax increased by 45.74% to Rs.83,934 crore, and Personal Income Tax, including other taxes, rose by 39.96% to Rs.56,212 crore. Securities Transaction Tax saw a 69.37% increase, and Fringe Benefit Tax grew by 27.11%. Banking Cash Transaction Tax rose by 16.99%. Tax deduction at source increased by over 50%, and self-assessment tax rose by 89.3%, reflecting improved tax administration and compliance. Over 52% of the budgeted direct tax target has been achieved.

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