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For example in state of West Bengal, owner of a factory has to pay professional tax only if the preceding year turnover is greater than 5 lac rupees and in case of companies there is a mandatory payment of rupees 2,500 /- each year as professional tax irrespective of turnover. [2]
West Bengal Revenue Service (WBRS) is one of the Group A services under West Bengal Civil Services, recruited through a competitive examination conducted by West Bengal Public Service Commission. The service was created in 2017 merging four erstwhile services concerning revenue matter and revenue collection. [ 1 ]
West Bengal State Electricity Distribution Company Limited (WBSEDCL) is a wholly owned enterprise of Government of West Bengal, established in 2007 as one of the two successors of West Bengal State Electricity Board, and is responsible for providing power to 96% of West Bengal with a customer base of more than 2.2 crore across the state.
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.
Governor of West Bengal: C. V. Ananda Bose: 23 November 2022 Chief Minister of West Bengal: Mamata Banerjee: 20 May 2011 Speaker of the House West Bengal Legislative Assembly: Biman Banerjee: 30 May 2011 Deputy Speaker of the House West Bengal Legislative Assembly: Dr. Asish Banerjee: 2 July 2021 Leader of the House West Bengal Legislative ...
The Finance Department of the Government of West Bengal is responsible for managing the financial resources of the state and formulating financial policies and strategies. It plays a crucial role in the overall economic development and governance of West Bengal. Key responsibilities of the Finance Department include:
The history of the West Bengal Legislature can be traced back to 18 January 1862 when under the Indian Councils Act of 1861, a 12 Member Legislative Council for Bengal Presidency was established by the Governor-General of British India with the Lt. Governor of Bengal and some nominated members. The strength of the council was gradually enlarged ...
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.