Implementation of Tax Reform Bills begins next year A new tax regime anchored on the Tax Reform Bills, awaiting Presidential assent, will go into effect in January, The Nation has learnt.

Overall, the net direct tax collection kitty stood at about Rs 4.59 lakh crore in the fiscal till June 19, 2025, registering a 1.39 per cent dip from Rs 4.65 lakh crore collected in the ...

Net direct tax collection so far this fiscal year dropped 1.39 per cent to Rs 4.59 lakh crore, on slowdown in advance tax mop-up and higher refunds, government data released on Saturday showed.

Lumagui noted the biggest challenges remain the same: how to plug revenue losses due to tax-shaving and other tax evading schemes. Thus, the BIR’s tax-hunting must evolve.

Local Government Minister Jim McMahon writes for e Mirror that vulnerable people are being forced to pay a years' council tax in one hit or face bailiffs - which 'isn't right or fair' ...

India's gross direct tax collections for 2025-26 rose 4.86% to ₹5.45 lakh crore as of June 19, despite a net tax collection dip of 1.39%. Advance tax collections increased by 3.87%, with ...

Council tax bills tend to be paid through 10 instalments (from April to January) and the majority of the 25 million council tax bills issued each year in England are paid by this method.

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

The move comes as the FIRS continues to modernize its processes, improve tax collection efficiency, and foster a culture of voluntary compliance—all aimed at strengthening revenue mobilization ...

The project, spearheaded by the Internal Resources Division and to be implemented by the NBR, has an estimated cost of Tk1,009.20 crore ...

He warned: "Boomers beware. Jim Chalmers is taking [sic] about 'intergenerational justice' in tax. That means a tax on boomers, who actually did a bit to build this country." Subtle? Not so much.

Council tax bills tend to be paid through 10 instalments (from April to January) and the majority of the 25 million council tax bills issued each year in England are paid by this method.