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The department generates the highest tax revenue for the state government. [1] The core function of the department is two pronged: implementation of taxes on various commodities and services as laid out by various tax laws enacted by Government of India and the state government and to maximize the collection of taxes.
The local administration under the department consists of 15 municipal corporations, 121 municipalities and 528 town panchayats. [2] [3] Greater Chennai Corporation, established in 1688, is the second oldest in the world and Tamil Nadu was the first state to establish town panchayats as a new administrative unit.
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.
15 Zones of the Chennai Corporation after expansion The city of Chennai in Tamil Nadu, India, is managed by the Corporation of Chennai. Established as Madras Corporation in 1688, it is the oldest municipal body in India. It is headed by a mayor, who presides over 200 councillors each of whom represents a ward. The current mayor of Chennai was elected on 4 March 2022. Prior to its expansion in ...
Time and manner of payment of property taxes varies widely. [55] Property taxes in many jurisdictions are due in a single payment by January 1. Many jurisdictions provide for payment in multiple installments. [56] In some jurisdictions, the first installment payment is based on prior year tax.
"What's happening in L.A. is not because there's not enough water in L.A. in storage," Marcus told CBS News. "There are no urban water systems that are built out to handle a firestorm like this."
Tamil Nadu Power Finance and Infrastructure Development Corporation Limited (POWERFIN) 1991: Chennai: Energy: Electricity Finance: State Govt. Body: NBFC: www.tnpowerfinance.com: 4: Tamil Nadu Urban Finance and Infrastructure Development Corporation Limited (TUFIDCO) 1990: Chennai: Municipal Administration and Water Supply: Urban Infrastructure ...
The Supreme Court of the United States has heard numerous cases in the area of tax law. This is an incomplete list of those cases. This is an incomplete list of those cases. Article One