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Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, cost accountant, Software Engineer, lawyer, doctor etc. are required to pay this professional tax.
The Income Tax Department Karnataka & Goa is the revenue enforcement and collection agency for the state of Karnataka and Goa, India. It has its headquarters in Bangalore , the state capital. The Direct Taxes Regional Training Institute was built in Bangalore at Jalahalli.
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty. [2]
Bengaluru, the capital city of the South Indian state of Karnataka, India. The economy of Bengaluru contributes over 43.65% to the economy of the State [1] of Karnataka, accounting for 98% of the Software Exports of the State. The estimated Metro GDP of the city is around US$300 billion, with a Metro GDP Per Capita of roughly US$25,461 in 2021
"Speak to a professional before a major life event so you know the possibilities going forward," said Eric Nisall, an accountant and creator of Bookkeeping for Bloggers.For example, if you get ...
Karnataka was the first state in the country to enact the Panchayat Raj Act, incorporating all provisions of the 73rd Amendment to the Constitution. In 2014, Karnataka State Grama Panchayats Delimitation Committee was constituted by the government of Karnataka, with Chairman S G Nanjaiahna Mutt and 6 members.
'Prerana' 2015. The bi-annual cultural fest was held on May 8 & 9. With ten pre-fest events, and 15 fest events. 'Android Hackathon' workshop conducted from 13 to 15 February 2015. Department of Computer Science & Engineering, PESITM conducted International Conference on Information and Communication Technologies (ICICT-2014) on 5 and 6 May ...
Service tax had been first levied at a rate of five per cent flat from 1 July 1994 till 13 May 2003, at the rate of eight per cent flat w.e.f 1 plus an education cess of 2% thereon w.e.f 10 September 2004 on the services provided by service providers. The rate of service tax was increased to 12% by Finance Act, 2006 w.e.f 18.4.2006. Finance Act ...