Banks have been directed by the Federal Inland Revenue Service (FIRS) to identify and shut down any tax and levy collection accounts not authorised under the agency’s TaxPro Max system.

Bear run in the stock market and higher refund caused net direct tax collection to miss the revised estimates (RE) target for fiscal year 2024-25 (FY25) by around ₹10,000 crore. However ...

The committee’s mandate includes examining the legal framework adopted by Gujarat during the transfer of tax collection rights, the implementation of IT systems for online payment collection by ...

“We count on your cooperation to ensure a smooth transition to this centralised system, thereby contributing to a more transparent and efficient tax collection process,” it added. The Federal ...

The Municipal Corporation (MC) is preparing to privatise property tax collection in a bid to increase its revenue. A six-member committee has been formed to draft a request for proposal (RFP ...

Sources revealed that after the water tax collection system was linked online last year, revenue collection has been declining rather than improving. Irrigation Department sources claim the ...

He said the revenue board should prioritise building a transparent, automated audit system that removes personal ... to lag behind its peers in direct tax collection. In 2018, its direct tax ...

Gold’s up nearly $100...again...as I write, and even I’m stunned by this rally. This run in gold, now to over $3,400 on a spot basis, has been so remarkable that ...