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The system of Value Added Tax (VAT) has been implemented, in the State of Maharashtra, w.e.f. 1 April 2005. Every dealer, who becomes liable to pay tax under the provisions of MVAT, shall apply electronically for registration, within 30 days from the date of such liability. VAT is implemented by Department of Sales Tax.
The following are ranks of the officers working in the Income Tax Department of Ministry of Finance (India).Officers are appointed from two different recruiting agencies. Gazetted officers are appointed from Indian Revenue Service (Income Tax) of Union Public Service Commission while non-gazetted officers are recruited by Staff Selection Commissio
The Maharashtra Public Service Commission ( MPSC) is a government body of the state of Maharashtra, India, created by the Constitution of India, responsible for the recruitment of candidates for various state government jobs through competitive examinations, according to the merits of the applicants and the rules of reservation.
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [ 5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities. In 1924, the Central Board of Revenue Act constituted a Central Board of Revenue – the statutory body with functional responsibilities ...
MSEDCL supplies electricity to a total of 28.4 million consumers across the categories all over Maharashtra. There are about 20.7 million Domestic Residential (72.4%), 4 million Agricultural (16%), 1.7 million commercial (7%), and 0.346million industrial consumers (1.8 0%) in MSEDCL who fetch an Annual Revenue of about Rs.500 million.
Tax rates vary by state and locality, and may be fixed or graduated. Most rates are the same for all types of income. State and local income taxes are imposed in addition to federal income tax. State income tax is allowed as a deduction in computing federal income, but is capped at $10,000 per household since the passage of the 2017 tax law ...
International taxation is the study or determination of tax on a person or business subject to the tax laws of different countries, or the international aspects of an individual country's tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets to taxation ...