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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. [2]
The Tamil Nadu Tax on Consumption or Sale of Electricity Act, 2003; The Tamil Nadu Tax on Entry of Goods into Local Areas Act, 2001; The Tamil Nadu Tax on Luxuries in Hotels and Lodging Houses Act, 1981; The Tamil Nadu Tax on Professions, Trades, Callings and Employments Act, 1992; The Tamil Nadu Taxation Laws (Inapplicability of Limitation ...
The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax) used on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
Tamil Nadu Electricity Board (abbreviated as TNEB) is a power generation and distribution company owned by Government of Tamil Nadu, India. It was created as a regulated monopoly under section 131 of the Electricity Act (2003) as a successor of the erstwhile Tamil Nadu Electricity Board . [ 3 ]
Legislation in progress: Introduced to the legislative committee this year, if passed, this bill would give e-bike buyers up to a $1,500 tax credit for e-bike purchases. Learn more here. 12. New ...
The Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) is an electrical power generation and distribution public sector undertaking owned by the Government of Tamil Nadu. It was formed on 1 November 2010 under section 131 of the Electricity Act of 2003, and is the successor to the erstwhile Tamil Nadu Electricity Board .
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]
As of 2023, 54.6% of power is generated from renewable resources. [6] [7] Tamil Nadu is the only state with two operational nuclear power plants at Kalpakkam, the first fully indigenous nuclear power station in India and Kudankulam, the largest nuclear power station in India and generates nearly one-third of the total nuclear power generated in the country.