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The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment of the Constitution of India by the Indian government. The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax) used on the supply of goods and services. It is a ...
Excerpts from the White Paper on Foreigners' Issue published by the Home and Political Department, Government of Assam on 20 October 2012 – Chapter 1, Historical Perspective, .section 1.2 reads: [16] Following Partition and communal riots in the subcontinent, Assam initially saw an influx of refugees and other migrants from East Pakistan.
The act, which became effective on 1 April 1962, replaced the Indian Income Tax Act, 1922. Current income-tax law is governed by the 1961 act, which has 298 sections and fourteen schedules. [9] The Direct Taxes Code Bill was sponsored in Parliament on 30 August 2010 by the finance minister to replace the Income Tax Act, 1961 and the Wealth Tax ...
Under the recommendation of the Seventh Central Pay Commission, the CCA classification was abolished in 2008. The earlier HRA classification of cities was changed from A-1 to X; A, B-1, and B-2 to Y; and C and unclassified cities to Z. [2] [3] [4] X, Y, and Z are more commonly known as Tier-1, Tier-2, and Tier-3 cities, respectively.
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman revealed the government's intention to withdraw all Income-Tax exemptions in the long run. Individuals or HUFs opting for New Tax Regime are not entitled to exemptions for leave travel, house rent, among others under the section 115BAC of the IT Act. [8]
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
In the year of 1954 the Government of Assam had taken a Cabinet Decision to start one Branch Press of Assam Govt. Press at Guwahati to do the Printing works of Gauhati High Court. According by as per Cabinet Decision in the year of 1954 on 14 November a branch of Assam Govt. Press was established at Guwahati in the campus of Guwahati Jail.
The Assam Assembly is elected by universal adult suffrage for a period of five years. The Chief Minister is assisted by a Council of Ministers that he nominates, the size of which is restricted. In 2021, the National Democratic Alliance won a majority of seats in the legislature, with 75 seats, followed by Congress with 29 seats and AIUDF with 16.