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January 9, 2009



Tax incentives

Meanwhile, a Federal Government backbencher says tax incentives to encourage mining exploration will not be introduced while Peter Costello is Treasurer.

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City’s retirement tax targeted

WATSONVILLE — Three Watsonville residents are mounting an attack on the city’s decades-old retirement tax. If they gather enough signatures to place the tax question before voters and win at the ballot box, the city would lose about $3 million annually.

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Corporate tax collection in India rose by 166% in the year to June 23, 2005, according to new finance ministry figures released last week. The government's figures showed that R9,079 crore (R90.79 billion, US$2.1 billion) was collected by the government in corporate tax in 2004/2005.

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