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Since India became independent in 1947, the postal service continues to function on a nationwide basis, providing a variety of services. The structure of the organization has the directorate at its apex; below it are circle offices, regional offices, the superintendent's offices, head post offices, sub-post offices and branch offices.
Income tax in India is governed by Entry 82 of the Union List of the Seventh Schedule to the Constitution of India, empowering the central government to tax non-agricultural income; agricultural income is defined in Section 10(1) of the Income-tax Act, 1961. [2]
The company, founded by Shashi Kiran Shetty, commenced operations in 1994 as a cargo handling operator at Jawaharlal Nehru Port, Mumbai. Initially, the company started as a customs house agent and provided freight forwarding services. [5] In 1995, ECU-Line, an Antwerp-based logistics firm, appointed Allcargo as their India agent. In 2003, the ...
The 1961 act came in to force with effect from 1 April 1962 by replacing the Indian Income Tax Act, 1922, which had remained in operation for 40 years. The present law of income tax is governed by the Income Tax Act, 1961, which has 298 sections and four schedules and is applicable to whole of India, including the state of Jammu and Kashmir. [12]
A New Jersey family is suing DraftKings after a father of two gambled away more than $1 million of his family’s money across four years. The man, known by his username Mdallo1990, allegedly lost ...
As per the new law from this year, Individuals will have to pay late fee after last date to file income tax return for the FY 2018-19 Rs· 5000 if tax is filed after due date of 31 August but on before 31 December of that assessment year (in this case 31 December 2019)
Because Tata won its bid on the promise to sell energy at a certain price, it now loses money on every kilowatt it generates at the plant. In 2013, at the company’s request, a federal agency approved a 23 percent rate hike. The increase was blocked last year, at least temporarily, by India’s Supreme Court.
The Heisman Trophy, a symbol of excellence in college football, has been awarded each year since 1935, recognizing the top college football player at the end of the season.