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The Department for Promotion of Industry and Internal Trade (DPIIT) is a central government department under the Ministry of Commerce and Industry in India. It is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives.
A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of industrial policy. [6] Industrial policies are interventionist measures typical of mixed economy countries. Many types of industrial policies contain common elements with other types of interventionist practices such as trade ...
The system of Value Added Tax (VAT) has been implemented, in the State of Maharashtra, w.e.f. 1 April 2005. Every dealer, who becomes liable to pay tax under the provisions of MVAT, shall apply electronically for registration, within 30 days from the date of such liability. VAT is implemented by Department of Sales Tax.
Bill B, or the Senior Housing Income Tax Credit Extension:For tax years 2025 and 2026, the bill would extend a refundable income tax credit for senior taxpayers over the age of 65 with incomes up ...
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [70] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...
Bihar was the first state to have its Ethanol policy led by Minister of industries Shahnawaz Hussain Sayed in 2020 bringing investment to the tune of 35,000 crore in ethanol sector. Bihar Textile Policy is also under formulation as announced by Minister of Industries Shahnawaz Hussain Sayed. 2015
The Government of Madhya Pradesh (abbreviated as MP) or Madhya Pradesh Government, is the supreme governing authority of the Indian state of Madhya Pradesh and its 55 districts. It consists of an executive , led by the governor of Madhya Pradesh , a judiciary and a legislative branch.
Horizontal equity requires a tax system that it does not give preference to certain individuals or companies. It makes sure that we don't have discrimination on the grounds. [12] Horizontal equity is a constant topic of tax policy discussions and in many countries it is a cause of several exemptions, deductions and special provisions.