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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 is headed by Chief Controller of Explosives and is headquartered in Nagpur in the state of Maharashtra. The authority framed various rules like Cinematograph Film Rules, 1948 , the Calcium Carbide Rules, 1987 , the Gas Cylinder Rules, 2004 , the Petroleum Rules, 2002 , the Explosives Rules, 2008 , the Ammonium Nitrate Rules, 2012 ...
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.
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 ...
Taxpayers who make qualifying and timely first installment payments have until June 30, 2023, to make their second payment, Wendy Burgess, Tarrant County tax assessor, said Monday in statement.
The payment of the property tax is usually made before mid-October. The tax notice is drawn up in the name of the owner who is the only person liable for the property tax. The precise deadline for paying it varies depending on the method of payment chosen. Exemption from property tax. In certain situations the property tax allows exemptions.
The Nagpur Municipal Committee was established in 1864. The Civil Station Sub-Committee was established in 1884. In 1928, the Municipal Committee passed a resolution for creating an "Improvement Trust" for Nagpur which was established in 1937 under the Nagpur Improvement Trust Act, 1936. NIT began functioning in 1937 and has collateral ...
[5] [6] Federal PILTs were introduced by the Payments in Lieu of Taxes Act of 1985 and PILTs by the Government of Ontario were introduced by the Municipal Tax Assistance Act of 1990. [4] [7] [8] PILTs are made on a volunteer basis, leading situations where local governments receive smaller payments than requested based on property tax ...