Direct tax collection, net of refunds, rose 19.5% on year to Rs 5.74 trillion till July 11 of the current financial year, the income tax  department said on Friday.

Net corporate tax collections rose 12.5% on year to Rs 2.1 trillion, while personal income tax including securities transaction tax rose 24% on year to Rs 3.64 trillion till July 11.  

Gross direct tax collections, before refunds, grew 23.2% on year to Rs 6.45 trillion by July 11 of the current financial year. Direct tax refunds rose by 64.5% on year to Rs 70,902 crore between April 1 and July 11.