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The department generates the highest tax revenue for the state government. [1] The core function of the department is two pronged: implementation of taxes on various commodities and services as laid out by various tax laws enacted by Government of India and the state government and to maximize the collection of taxes.
Tamil Nadu Buildings (Lease and Rent Control) Act, 1960 is act of Government of Tamil Nadu. Tamil Nadu , a state in India , has an exclusive Rent Control Act where the state government has the exclusive jurisdiction to legislate on the subject.
The Tamil Nadu Sales Tax Entertainments Tax and Luxury Tax (Settlement of Disputes) Act, 1999 The Tamil Nadu Scrap Merchants and Dealers in Second-Hand Property and Owners of Automobile Workshops and Tinker Shops (Regulation, Control and Licensing) Act, 1985
The department was reconstituted by the Tamil Nadu Board of Revenue Act, 1894. [2] It was adopted by the Madras State post Indian Independence as a part of the Merged States (Laws) Act, 1949. [3] It was renamed in 1980 by the Tamil Nadu Board of Revenue Abolition Act, 1980. [4]
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.
The term Landlord [1] with reference to the Tamil Nadu Buildings (Lease and Rent Control) Act, 1960 under Section 2(6) which runs as follows: Sec.2(6) landlord includes the person who is receiving or is entitled to receive the rent of a building, whether on his own account or on behalf of another or on behalf of himself and others or as an agent, trustee, executor, administrator, receiver or ...
Tamil Nadu is the first state to introduce such a classification in urban local bodies. [2] The state has 561 town panchayats. [3] Town panchayats are upgraded to Grade III municipalities if they are found to be eligible. They are categorised in a similar way to that of Municipalities depending on the income criteria and population.
Tamil Nadu Power Finance and Infrastructure Development Corporation Limited (POWERFIN) 1991: Chennai: Energy: Electricity Finance: State Govt. Body: NBFC: www.tnpowerfinance.com: 4: Tamil Nadu Urban Finance and Infrastructure Development Corporation Limited (TUFIDCO) 1990: Chennai: Municipal Administration and Water Supply: Urban Infrastructure ...