« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  Indian Govt Initiates Steps to Meet Tax Collection Targets... Tax sword looms on cross-border M&As... » Panel suggests tax on solid waste management services December, 19th 2008 With the aim of meeting financial resources for effective waste management services, a parliamentary panel has recommended imposition of tax for the services provided. At present there is no tax on waste management services. The Standing Committee on Urban Development has suggested that the possibility of levying direct tax for waste management services need to be explored since it is a common public utility like water and electricity. Urban India produces about 42 million tonnes of municipal solid waste annually and 1.15 lakh metric tonnes per day (TPD). Out of this 83,378 TPD is generated in 423 class-1 cities. Although urban local bodies (ULB) spend between Rs 500 and Rs 1,500 per tonne on solid waste management, less than five per cent of this amount is used for treatment and disposal waste after spending 60 per cent to 70 per cent on collection and 20 per cent to 30 per cent on transportation. The committee headed by Mohd Salim has recommended that the Urban Development Ministry should initiate steps for levying tax to generate more financial resources for treatment and disposal of waste. The 13-member committee has noted that lack of funds with ULBs has been identified as a major hindrance in proper solid waste management.