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India has abolished multiple taxes with passage of time and imposed new ones. A few of these taxes include inheritance tax, [5] interest tax, gift tax, wealth tax, etc. Wealth Tax Act, 1957 was repealed in the year 2015. [6] Direct Taxes in India were governed by two major legislations, Income Tax Act, 1961 and Wealth Tax Act, 1957.
The Brihanmumbai Municipal Corporation (BMC), [4] or Municipal Corporation of Greater Mumbai (MCGM) is the governing civic body of Mumbai, the capital city of Maharashtra. Salman Khan Is Now Brand Ambassador of BMC from 2016 [ 5 ] .The BMC is India 's richest municipal corporation.
It is responsible for preparing annual plans for the development of Maharashtra state. [ 1 ] [ 2 ] The Ministry is headed by a Cabinet level by Radhakrishna Vikhe Patil Current Minister of Revenue.
To calculate the property tax, the authority multiplies the assessed value by the mill rate and then divides by 1,000. For example, a property with an assessed value of $50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $1,000 per year. [5]
The annual property tax for any province contains at least two elements: the municipal rate and the education rate. The combination of municipal and education tax portions along with any base taxes or other special taxes determines the full amount of the tax. These taxes account for about ten percent of total taxation in Canada. Land Transfer Tax
The Coachella Valley Invitational will include nearly half of the teams in Major League Soccer and the National Women's Soccer League as the preseason event continues to get bigger and bigger.
The National Hockey League is reportedly set on having an outdoor game at LoanDepot Park, the home of Major League Baseball's Miami Marlins, as early as next season.
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.
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