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The Department of Finance also controls Kerala Financial Corporation, an important agency in leading finance and credit for industrial and agricultural projects for private and public. The Finance Department controls the major functions like Stores & Purchase, Commercial Taxes, Agricultural Income Tax, Treasuries, Lotteries, Local Fund Audit ...
The company started functioning on 6 November 1969, with Thrissur city as its headquarters. [1] It started with a capital of Rs 2,00,000, and had 45 employees and 10 branches.
The existing general sales tax laws were replaced with the Value Added Tax Act (2005) and associated VAT rules. A few states ( Gujarat , Tamil Nadu , Rajasthan , Madhya Pradesh , Chhattisgarh , Jharkhand , Uttarakhand and Uttar Pradesh ) opted to stay out of VAT taxation system during the initial introduction of VAT but adopted it later.
Rank District Per capita income in Rs. GDP 1 Ernakulam [4]: 463,000 $18,531,266,973 2 Alappuzha: 456,000 $11,829,919,045.7 3 Kollam: 417,000 [5]: $13,398,356,581.7
Kerala Gazette notification is the official authentication of the Kerala government. Government Advertisements are given free of cost upon official request from concerned Departments. Any adult or an adult on behalf of his guardianship for minors can give private advertisements in the Kerala Gazette.
The economy of Kerala is the 11th largest in India, with an annual gross state product ... The tax growth rate, which was 23.24% in 2010–11, fell to 10.68% in 2015 ...
The Kerala Governor administered the oath of office and secrecy to the new members. In December 2023, the Kerala Cabinet underwent a reshuffle as part of a mutual agreement among member parties. The reshuffling is in accordance with a pre-election agreement within the Left Democratic Front (LDF) coalition.
The state government's tax revenues (excluding the shares from Union tax pool) amounted to ₹ 674 billion (US$7.8 billion) in 2020–21; up from ₹ 557 billion (US$6.4 billion) in 2019–20. Its non-tax revenues (excluding the shares from Union tax pool) of the Government of Kerala reached ₹ 146 billion (US$1.7 billion) in 2020–2021. [226]