Income Tax Department has mopped up 5.74 lakh crore rupees as direct taxes so far this fiscal from across the country, achieving over 72 per cent of its target of 7.96 lakh crore rupees for 2015-16. Central Board of Direct Taxes (CBDT) Member Surabhi Sinha said on the sidelines of Make In India week in Mumbai that the I-T Department is hopeful of meeting its target by March this year. Ms. Sinha, who looks after personnel and vigilance at CBDT, said it is difficult to ascertain the impact of the proposed reduction in corporate tax on collections.Finance Minister Arun Jaitley in the Budget had said that the rates for corporate tax would be brought down to 25 per cent from 30 per cent over a period of four years, starting 2016-17.Principal Chief Commissioner of Income Tax and head of Mumbai region of I-T department, D S Saksena, said Mumbai region has also collected tax in the range of 72-73 per cent so far, and is on course to meet its full fiscal target of 2.56 lakh crore rupees.