New Delhi, Nov 10: Mumbai contributed over 25 per cent to the direct tax collections that surged by 18.62 per cent to Rs 38,758.61 crore till October this year. Net direct taxes increased by 18.62 per cent to Rs 38,758.61 crore in the first seven months of this fiscal year from Rs 32,674 crore in April-October 2002, mainly due to 34.36 per cent rise in corporate tax collections while income tax was growing by only 5.4 per cent.

Mumbai zone, the country's commercial hub, collected Rs 10,749 crore in corporate and income taxes, followed by Delhi (Rs 5,879 crore), Bangalore (Rs 3,368 crore), Chennai (Rs 2,654 crore), Meerut (Rs 2,624 crore) and Kolkata (Rs 2,056 crore), Finance Ministry officials told PTI here on Monday. The fastest growth in direct tax collection was witnessed in Cochin (87 per cent), followed by Meerut (69 per cent), Shillong (53 per cent), Bangalore (48 per cent) and Bhubaneswar (45 per cent), the ministry officials said. Bureau Report