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The Tamil Nadu Sales Tax Entertainments Tax and Luxury Tax (Settlement of Disputes) Act, 1999 The Tamil Nadu Scrap Merchants and Dealers in Second-Hand Property and Owners of Automobile Workshops and Tinker Shops (Regulation, Control and Licensing) Act, 1985
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.
Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. 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 ...
As of 2022, Tamil Nadu's GSDP was ₹ 23.65 lakh crore (US$280 billion), second highest amongst Indian states. [3] For the financial year 2023–24, the projected expenditure is ₹ 3.65 lakh crore (US$44 billion) against a projected revenue of ₹ 2.73 lakh crore (US$33 billion) with the fiscal deficit at ₹ 0.92 lakh crore (US$11 billion).
Month 2024-25 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19 2017-18 Collections M-O-M Change Collections M-O-M Change Collections M-O-M Change Collections
P. Moorthy [1] is an Indian politician who is a current member of the Tamil Nadu Legislative Assembly. He represents Madurai East constituency as a member of Dravida Munnetra Kazhagam. Previously, he represented Sholavandan constituency. [2] [3] He also serves as Tamil Nadu's Minister of Commercial Taxes, Registration and Stamp Law.
This is a list of the revenue divisions and taluks of Tamil Nadu, a southern state of India.These administrative units are classified based on the district. There are 38 districts in Tamil Nadu, and for revenue administration purposes, each district is divided into divisions, headed by a Revenue Divisional Officer (RDO), which are further divided into taluks. [1]