Government borrows 58% of target despite 74% more direct tax collections

​​ While at the weekly auction of government securities earlier in the day on Friday, it mopped up Rs 31,000 crore in long-term and short-term debt at an average price of 6.15 per cent, later in the day, the revenue department said the net personal income tax and corporate tax collection jumped a full 74 per cent to Rs 5.70 lakh crore so far this fiscal, driven mainly by advance tax and TDS payments.