New Delhi, (Agencies): The government collected Rs 3,17,501 crore from direct taxes during April-January 2010-11, up 20.37 per cent from the previous year.

Corporate income tax, at Rs 2,16,872 crore, went up 24.78 per cent while personal income tax spiraled up 11.87 per cent to Rs 1,00,191 crore during this 10-month period.

According to the Central Board of Direct Taxes (CBDT), direct tax collections were robust. Tax refunds also spiked up by 38.65 per cent at Rs 53,688 crore. The economy is expected to move up 8.6 per cent in this fiscal.

Agriculture sector is said to grow at 5.4 per cent in 2010-11 in comparison with just 0.4 per cent in the previous financial year.

While other services like as trade, hotel, transport and communications improved to 11 per cent from 9.7 per cent, the manufacturing would grow at 8.8 per cent year on year.

Recently, the Finance Ministry raised the direct tax collection target from Rs 4.30 lakh crore to Rs 4.46 lakh crore for 2010-11. Total revenue collection, including indirect taxes, during the current fiscal is may exceed the budgetary target by about Rs 37,000 crore at Rs 7.82 lakh crore this fiscal year.