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    <title>DIRECT TAX COLLECTIONS RECORD OVER 40% GROWTH FOR THE FIRST EIGHT MONTHS OF THE FISCAL</title>
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    <description>Direct tax collections recorded substantial growth in the first eight months, reaching just over half of the budgeted direct tax target. Corporate Tax and Personal Income Tax registered marked increases, and Securities Transaction Tax, Fringe Benefit Tax and Banking Cash Transaction Tax also grew. Regional variations were notable, with the highest corporate tax growth in the North-Eastern region and highest personal income tax growth in the Madhya Pradesh &amp; Chhattisgarh region. Tax deduction at source increased by over fifty percent and self-assessment tax payments rose by over seventy percent, indicating improved tax administration and compliance.</description>
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    <pubDate>Tue, 04 Dec 2007 16:53:00 +0530</pubDate>
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      <description>Direct tax collections recorded substantial growth in the first eight months, reaching just over half of the budgeted direct tax target. Corporate Tax and Personal Income Tax registered marked increases, and Securities Transaction Tax, Fringe Benefit Tax and Banking Cash Transaction Tax also grew. Regional variations were notable, with the highest corporate tax growth in the North-Eastern region and highest personal income tax growth in the Madhya Pradesh &amp; Chhattisgarh region. Tax deduction at source increased by over fifty percent and self-assessment tax payments rose by over seventy percent, indicating improved tax administration and compliance.</description>
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