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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 Department of Finance also controls Kerala Financial Corporation, an important agency in leading finance and credit for industrial and agricultural projects for private and public. The Finance Department controls the major functions like Stores & Purchase, Commercial Taxes, Agricultural Income Tax, Treasuries, Lotteries, Local Fund Audit ...
Kerala State Beverages (Manufacturing & Marketing) Corporation Ltd (BEVCO) is a public sector company fully owned by the Government of Kerala, it started under Civil Supplies Department in 1984 under the Minister N Sreenivasan (Excise Minister), K Karunakaran Ministry.
While many Goodwill member stores had previously sold some donations online, Goodwill was limited to in-store purchases, auction sites, or online stores like eBay and Amazon. The online store GoodwillFinds.com allows consumers to search by category, trend, price and donation location, and leverages AI to recommend pricing and enable ...
Kerala Gazette notification is the official authentication of the Kerala government. Government Advertisements are given free of cost upon official request from concerned Departments. Any adult or an adult on behalf of his guardianship for minors can give private advertisements in the Kerala Gazette.
A goodwill letter should be written formally, showing your lender that you take your late payment seriously. It shows respect for the process and a willingness to act professionally, which can ...
A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source. A gross receipts tax is often compared to a sales tax ; the difference is that a gross receipts tax is levied upon the seller of goods or services, while a sales tax is nominally levied upon the buyer (although both are ...
The state government's tax revenues (excluding the shares from Union tax pool) amounted to ₹ 674 billion (US$7.8 billion) in 2020–21; up from ₹ 557 billion (US$6.4 billion) in 2019–20. Its non-tax revenues (excluding the shares from Union tax pool) of the Government of Kerala reached ₹ 146 billion (US$1.7 billion) in 2020–2021. [250]