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Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, cost accountant, Software Engineer, lawyer, doctor etc. are required to pay this professional tax.
However, for individuals, tax is payable at slab rates. In the Finance Act, 2020 the Government introduced a new tax regime for individuals giving them the option to opt for the new regime or continue with the old regime. [11] The tax is collected by the Income Tax Department for the central government. Farmers - who constitute 70% of the ...
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 Ministry of Revenue is a ministry of the Government of Maharashtra. It is responsible for preparing annual plans for the development of Maharashtra state. [1] [2] The Ministry is headed by a Cabinet level by Chandrashekhar Bawankule Current Minister of Revenue.
Jalna Municipal Corporation (JMC) become 29th Municipal Corporation in Maharashtra and 5th in Aurangabad Division [1] [2] [3] is a Local Government body of administrating Jalna City in Jalna district of Maharashtra, India. that is responsible for providing essential public services to the residents of the city of Jalna. The council is composed ...
The Orlando Magic will be without Franz Wagner indefinitely after the forward suffered a torn right oblique during Friday's loss to the Philadelphia 76ers, according to ESPN's Shams Charania ...
People loved the orange cat's reaction to the tree and had a lot to say about Abram's video. @Jen got more than 300 likes when she pointed out, "He's the angel on top of his tree!" @Austin ...
The Standing Committee is the perhaps the most important committee of the PMC formed according to Section 20 of Maharashtra Municipal Corporation Act, 1949. [20] It consists of 16 members headed by a President appointed at the first meeting of the newly elected Corporation, half of whom retire every succeeding year.