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of <h1>India's Direct Tax Collections Rise by 12.49% in April-January 2012-13; Personal Income Tax Up by 13.81.</h1> Net direct tax collections in India for April-January 2012-13 increased by 12.49% to Rs. 3,90,310 crore compared to Rs. 3,46,959 crore in the same period the previous year. Gross direct tax collections rose by 7.02% to Rs. 4,55,125 crore. Corporate tax collections increased by 3.71% to Rs. 2,96,451 crore, while personal income tax collections grew by 13.81% to Rs. 1,57,913 crore. Wealth tax collections saw a 2.85% increase to Rs. 685 crore, whereas securities transaction tax collections decreased by 9.99% to Rs. 3,731 crore.
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