But the Local Government Association has warned that many councils are now beyond the point where rising council tax income can plug their funding gaps.

Tax income has decreased by 3.5 bn soms, but the economic growth was achieved anyway, according to Economy Minister Sanjar Mukanbetov.

The total provincial revenue receipts for the period from July to March stood at Rs1,046bn because of the much lower-than-the-targeted collection of federal and provincial tax income, surge in its current expenditure, and drop in its non-tax revenue.

The Economic Committee at the Shura Council postponed its approval of the new tax income draft law until Tuesday during a Monday session, in order to discuss the budget instead.

Summary: The German government's tax income has continued to swell this year, thanks in part to a solid labor market in Europe's biggest economy.

Moreover, it seeks to analyze the factors that determined the current situation when the public debt grew because of the decrease of population and tax income to State budget.

NORDIC BUSINESS REPORT-26 January 2009-Peab AB reports tax income of SEK370m in Q4 2008(C)1994-2009 M2 COMMUNICATIONS LTD http://www.m2.com

Any EU member nation has the right to veto the proposal, and Luxembourg, Austria, and Belgium clearly are not interested in changing their privacy laws just so other nations can tax income earned inside their borders.

But, given the above discussion, the statement really leads nowhere except to a predetermined conclusion that it is better not to tax income from savings and investment.

A spokesman said: "Faced with severe funding pressures, many councils feel they are being left with little choice but to ask residents to pay more." The boost to Sandwell Council's council tax income follows an average hike of 5.2 per cent on residents' tax bills in April.