<h1>Income Tax Collections Surge by 43.45% to Rs. 49,411 Crore with Major Contributions from Corporates and Individuals.</h1> Corporate and personal income tax collections have increased significantly, with a growth rate of 43.45% as of June 21, 2008, amounting to Rs. 49,411 crore. Corporate income tax collections reached Rs. 30,655 crore, growing by 39.81%, while personal income tax collections rose by 49.82% to Rs. 18,756 crore. Despite issuing refunds totaling Rs. 10,810 crore, which grew by 33.7%, the overall tax collection remains buoyant. Advance tax payments from major companies, notably ONGC, SBI, and SAIL, have contributed significantly, reflecting growth across various economic sectors.