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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 Tamil Nadu Sales of Motor Spirit Taxation Act, 1939; The Tamil Nadu Sales Tax (Settlement of Arrears) Act, 2008; The Tamil Nadu Sales Tax (Settlement of Disputes) Act, 2002; The Tamil Nadu Sales Tax (Surcharge) Act, 1971; The Tamil Nadu Sales Tax Entertainments Tax and Luxury Tax (Settlement of Disputes) Act, 1999
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Top news headlines of 2024, month-by-month. Jane Pauley. ... in Mexico City, on June 3, 2024. / Credit: Raquel Cunha / REUTERS ... USA TODAY. Portrait of mystery woman found beneath famous Pablo ...
Central Sales Tax, 1956, which imposes sales tax on goods sold in inter-state trade or commerce in Indisale of property situated within the state [18] In the 2016 Union budget of India, an excise of duty of 1% without input tax credit and 12.5% with input tax credit was imposed on articles of jewellery with the exception of silver jewellery. [19]
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.
2024 Tamil Nadu alcohol poisoning. At least 36 people are killed and more than 60 others are hospitalized after consuming tainted liquor in Kallakurichi district, Tamil Nadu, India. (New Indian Express) A cruise ship rescues 68 migrants and finds five bodies in a wooden dinghy that was drifting off the Canary Islands, Spain.
Tamil Nadu has the second largest economy of any state in India. [16] The state is also the most industrialised in the country. [17] [18] The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. [19]