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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.
Kozhikode Corporation is the municipal corporation that administers the city of Kozhikode, Kerala. Established in 1962, ... Property tax. Profession tax.
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 ...
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty. [2]
The Kerala Municipalities (KM) Act, 1994, ... Profession tax. Entertainment tax. Grants from Central and State Government like Goods and Services Tax.
The Government of Kerala (abbreviated as GoK), also known as the Kerala Government, ... Commercial Taxes. Treasuries.Lotteries. State Audit. Kerala Financial Corporation.
Kerala State Handicapped Persons Welfare Corporation Ltd. Thiruvananthapuram: Welfare: 48: Kerala State Handloom Development Corporation Ltd. Kannur: Traditional industries: 49: Kerala State Horticultural Products Development Corporation Ltd., (Horticrop) Thiruvananthapuram: Agro based: 50: Kerala State Housing Board: Thiruvananthapuram: Public ...
The tax policy is not limited to raising of revenue. As a part of the overall policy of the Government of India, the tax policy also serves as a tool to address several other objectives in the process of development of the country. These objectives may include providing for incentives and disincentives in the target areas/segments of the economy.