<h1>Net Direct Tax Collections Rise by 3.65% in Q1 FY 2009-10 Despite Increased Tax Refunds; Corporate & Personal Taxes Grow.</h1> Net direct tax collections for the first quarter of the fiscal year up to June 2009 increased by 3.65% to Rs.59,465 crore from Rs.57,373 crore in the same period last year. Corporate Taxes grew by 3.31% and Personal Income Tax, including Fringe Benefit Tax (FBT) and Securities Transaction Tax (STT), rose by 4.38%. The lower growth in net tax collection was due to a 52.01% increase in tax refunds. FBT and STT recorded negative growths of 7.56% and 9.90%, respectively. However, net collections and Tax Deducted at Source (TDS) growth remained positive during June 2009.