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The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
The Indian Post Office Act (1898) requires Parliament nod for modification of fees charged for all services provided by postal establishments. The Post Office Bill (2023) provides necessary flexibility to the postal department in determining the prices of its services within a highly competitive domestic courier industry and facilitates prompt responsiveness to dynamic market demands.
The Army Postal Service (APS) functions as a government-operated military mail system in India.A primary role of Army Postal Service systems is to ensure security form of address in respect of Formations/Units/Troops deployed in Armed Forces and to ensure that military mail between duty stations in India & Abroad are delivered by adopting security form of address (or vice versa).
The Bill aims to modernize India Post and expand its services, concerns regarding privacy, accountability, and centralization.. Features of the Bill: Modernization and Expansion: The bill envisions a transformed India Post, venturing beyond traditional mail delivery to offer financial services like banking and insurance, and playing a bigger role in e-commerce delivery.
Senate Bill 71 required candidates to list any name changes within the last five years, but mandated that official forms include a designated space for this information, similar to updates already ...
The Israeli military has enlisted the first batch of about 50 recruits into its new ultra-Orthodox brigade after a controversial decision to end their decades-long exemption from service.
The Department of Posts, d/b/a India Post, is an Indian public sector postal system statutory body headquartered in New Delhi, India. It is an organisation under the Ministry of Communications . Generally known as the Post Office, it is the most widely distributed postal system in the world, and India is the country that has the largest number ...