Search results
Results from the WOW.Com Content Network
Chennai Corporation, which was established on 29 September 1688, is the oldest corporation in India and is the second oldest in the world after London. [2] Madurai Municipal Corporation was established in 1971 and Coimbatore Municipal Corporation in 1981. Three more were established in 1994 and the count remained at six till 2007.
The Madurai City Municipal Corporation Council, the legislative body, comprises 100 councilors elected from each of the 100 wards and is headed by a Mayor assisted by a Deputy Mayor. The executive wing is made up of seven departments: general administration, revenue, town planning, engineering, public health, education and finance, and accounts ...
Source of revenue for these local bodies are mainly from centre-state governments. Local bodies also have the power of taxation which include house tax, profession tax, property tax etc. Apart from these they levy fees for specific building plan and layout approvals, water charges, sewerage charges etc.
A municipal corporation is headed by a mayor, who presides over elected councilors representing individual wards. Chennai Corporation, established in 1688, is the oldest urban body in India and is the second oldest corporation in the world after London. [5] As of 2024, there are 25 municipal corporations in Tamil Nadu. [6
Draft TN Value Added Tax Bill, 2003. Emigration (Amendment) Rules- 2002. ... The Madurai City Municipal Corporation Act, 1971 ... The Tamil Nadu Tax on Professions ...
The tax is to be paid by a registered trader within 40 days. As per the rules, every trader whose annual turnover of purchase and sales of the goods included in the taxable schedule is not less than ₹ 5000 and if the annual turnover of purchase and sales of all the goods is not less than ₹ 1,00,000 (one lakh) is supposed to be registered with the local civic body i.e. municipality.
The Madurai urban agglomeration is a metropolitan area in Tamil Nadu state, consisting of the city of Madurai and its suburbs. It consists of a municipal corporation and suburban areas spread out in parts of Madurai district.
A corporate tax is a tax imposed on the net profit of a corporation that is taxed at the entity level in a particular jurisdiction. Net profit for corporate tax is generally the financial statement net profit with modifications, and may be defined in great detail within each country's tax system. Such taxes may include income or other taxes.