<h1>India's Direct Tax Collections Surge Over 40% in Nine Months, Corporate and Personal Taxes Soar.</h1> Direct tax collections in India grew by over 40 percent during the first nine months of the fiscal year, reaching Rs. 2,06,029 crore, up from Rs. 1,44,286 crore the previous year. This represents 77 percent of the budgeted target of Rs. 2,67,490 crore. Corporate Tax increased by 38.64 percent, while Personal Income Tax, including Fringe Benefit Tax, Securities Transaction Tax, and Banking Cash Transaction Tax, rose by 50.36 percent. The highest regional growth in direct tax was in Mumbai at 67.38 percent. Tax deduction at source and self-assessment tax payments also saw significant increases, highlighting improved tax compliance.