Posts Tagged ‘Tax Collection’

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New York State met eager demand for its debt as it auctioned $1.8 billion of sales-tax bonds Wednesday, the second-biggest competitive sale in municipal market history, according to data compiled by Bloomberg.

India is reviving attempts to overhaul its half-century-old direct tax laws as it looks to increase the share of collections from the lowest in a decade.

The finance ministry on Monday said it expected the overall tax collections this financial year to fall five-seven per cent short of the Budget estimate, largely due to less-than-projected direct tax collections. This is despite the excise duty on petroleum products being raised, sops to the auto and capital goods sector being rolled back and […]

The Polish government has organized the nation’s first shopping receipt lottery aimed at boosting budget income from sales taxes.

Indirect tax collections rose 36.5 per cent in April-August to over Rs 2.63 lakh crore, suggesting that the underlying momentum in the economy is strong, the Finance Ministry said today.

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