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Development Impact Tax is a fee charged to a developer to pay for the amount of infrastructure that will need to be built to accommodate the new residents or customers of the development. Such fees fund municipal government services such as roads, domestic water services and schools. Fares are payments required to use public transportation.
By 23 November 2016, 347 fee plazas out of 366 on national highways across the country accept FASTag payments. [15] On 1 October 2017, the NHAI launched a FASTag lane in all 370 toll plazas under its ambit. [16] On 8 November 2017, it was followed up by making FASTag mandatory on all new vehicles sold in India after December 2017. [17]
In France, the vignette was abolished for private vehicles in 2001 and was replaced by a tax on toll-road operators [7] at a rate of €6.85 per 1,000 kilometres travelled. In addition, a tax is levied on vehicles registered to companies. Since 2006, the tax is levied according to CO 2 emissions ranging from €2 per gramme to €19 per gramme.
India has abolished multiple taxes with passage of time and imposed new ones. A few of these taxes include inheritance tax, [5] interest tax, gift tax, wealth tax, etc. Wealth Tax Act, 1957 was repealed in the year 2015. [6] Direct Taxes in India were governed by two major legislations, Income Tax Act, 1961 and Wealth Tax Act, 1957.
The list focuses on the main types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST and capital gains tax, but does not list wealth tax or inheritance tax. Personal income tax includes all applicable taxes, including all unvested social security contributions.
In Gujarat, government vehicles have number plate with letter G and GJ, which is reserved for government firm vehicles. (e.g. : GJ 18 G 5123 and GJ 18 GJ 6521). All other letters except G are used by passenger vehicles.
Tax Management, Inc., a subsidiary of Bloomberg BNA, was founded in 1959 by Leonard Silverstein to provide tax analysis in the form of the Tax Management Portfolios. [9] The company has published over 500 Portfolios and now offers research, news, practice tools, and guidance for tax attorneys, CPAs, corporate tax managers, estate planners, and ...
A fuel tax (also known as a petrol, gasoline or gas tax, or as a fuel duty) is an excise tax imposed on the sale of fuel. In most countries the fuel tax is imposed on fuels which are intended for transportation. Fuel tax receipts are often dedicated or hypothecated to transportation projects, in which case the fuel tax can be considered a user ...