« Top Headlines » Open DEMAT Account in 24 hrs  New Income Tax Act: ITR forms to be issued prior to FY28, says govt  GSTR-9C Explained: Turnover Limit, Due Date, Statement Format & How to Prepare It in Tally Prime (2025 Update)  Will Income Tax Department release new ITR forms by January 2026? Finance Ministry says this  The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:  ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025  ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck  Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?  Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy  Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief  Digital Efficiency for MSMEs: The Tally Prime Advantage  5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups «  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.