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In spite of this, due to a strong revenue base in form of taxes, there was a revenue surplus of INR 78 crores and an overall surplus of INR 18.98 crores (including capital account). Revenue income is primarily earned by NMC or for NMC by some external sources. Among own sources, the largest source is octroi (47%) followed by property tax (18%).
The department was established in the 1890s under British rule as the Department of Explosives to administer the Explosives Act, 1884, and later expanded to various other activities. It has come to administer also the Explosive Substances Act, 1908, the Petroleum (Production) Act 1934, and the Inflammable Substances Act, 1952. Its purpose is ...
The Nagpur Metropolitan Region Development Authority (NMRDA) is the urban planning agency of Nagpur in the Indian state of Maharashtra. The NMRDA administers the Nagpur Metropolitan Region, spread over an area of 3,567.37 km 2 (1,377.37 sq mi). It replaced the erstwhile Nagpur Improvement Trust. [1]
The tax is to be paid by a registered trader within 40 days. As per the rules, every trader whose annual turnover of purchase and sales of the goods included in the taxable schedule is not less than ₹ 5000 and if the annual turnover of purchase and sales of all the goods is not less than ₹ 1,00,000 (one lakh) is supposed to be registered with the local civic body i.e. municipality.
(MLA for Nagpur South West Constituency No. 52- Nagpur District) (Legislative Assembly) (Chief Minister) (In Charge) 04 June 2016 08 July 2016 30 days Bharatiya Janata Party: 34 Chandrakant Patil (MLC for Pune Graduates Constituency No. 05 - Pune District) (Legislative Council) 08 July 2016 12 November 2019 3 years, 127 days Bharatiya Janata ...
Nagpur also has other centrally funded institutes like National Power Training Institute, Central Institute for Cotton Research, Central Institute of Mining and Fuel Research, Central Power Research Institute, National Academy of Direct Taxes, National Civil Defence College, National Research Centre for Citrus, Petroleum and Explosives Safety ...
Yantra India Limited is an Indian major public sector defence company, headquartered in Nagpur, India.Established in 2021 as part of the government’s restructuring and corporatisation of the Ordnance Factory Board into seven different Public Sector Undertakings – the company consists of eight defence manufacturing factory units indigenously catering to the needs of supplies, arms ...
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.