new delhi the government has collected rs 27 lakh crore from direct taxes till february short by rs 1 lakh crore to meet the target set for the fiscal the direct tax collections were up 75 in the first 11 months against rs 25 lakh crore in the same period last fiscal the finance ministry officials are confident that direct tax collection target of rs 38 lakh crore revised from budget estimate of rs 37 lakh crore for the current fiscal would be met as taxpayers are likely to give more than a lakh crore in the last month the last installment of advance tax payment is also expected by march 15 corporate taxpayers are required to pay 25 and noncorporate taxpayers 40 of their advance taxes in march during february growth in direct tax collections was 275 on a yeartoyear basis the tax collection stood at rs 14675 crore against rs 11506 crore in february 2009 there had been a negative growth of 198 in january corporate tax collections grew by 108 to rs 180 lakh crore in aprilfebruary compared to rs 162 lakh crore in the 11month period last year personal income tax increased 18 to rs 97692 crore during the period during february corporate tax collections recorded a growth of 168 while personal income tax mop up grew 375with securities markets evincing keen interest of investors the securities transaction tax stt fetched rs 5975 crore during the first 11 months of this fiscal up 176 over a year ago figure the government in the next fiscal expects to collect rs 43 lakh crore higher by over 10 from what it is likely to collect this fiscal