New Delhi: Direct tax collections have continued their run regardless of a decrease in the manufacturing segment.

From April 1 to November 15, 2007, the direct tax collections rose 42.9 percent to Rs 140373 crore, as compared to Rs 98,216 crore in the same period of the last year (2006).

For the same period, the corporate tax collections grew 45.74 percent to Rs 83,934 crore from Rs 57,593 crore during the previous fiscal.

Personal income tax, which includes FBT, STT and BCTT, has shown a development of 39.96 percent at Rs 56,212 crore, up from Rs 40,453 crore during the last year.

Till November 15, the net direct tax collections has achieved 52%, at Rs 1,40,373 crore, of the budgeted direct tax target of Rs 2,67,490 crore.

The Securities Transaction Tax has gained 69.37 percent at Rs 4,924 crore against Rs 2,908 crore, whereas Fringe Benefit Tax developed 27.11 percent at Rs 3,078 crore against Rs 2,422 crore.

FBT collections also showed an increase of 27.11 percent to Rs 3,078 crore during the same period.

Tax deduction or collection at source (TDS/TCS) augmented by more than 50 percent, whereas self-assessment tax boosted 89.3& that showed continued perfection in tax management and tax observance levels.