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Being a culturally diverse country, there are many festivals celebrated in various regions across the country. There are only three national holidays declared by Government of India: Republic Day (26 January), Independence Day (15 August), and Gandhi Jayanti (2 October). Apart from this, certain holidays which are celebrated nationally are ...
Telangana is one of the fastest-growing states in India posing average annual growth rate of 13.90% over the last five years. [6] Telangana's nominal gross state domestic product for the year 2020-21 stands at ₹13.59 lakh crore (US$170 billion). Service sector is the largest contributor to the Telangana's economy with a share of about 65% in ...
t. e. 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).
States and unionterritories of Indiaordered by. In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax ...
2 June 2025. (2025-06-02) Frequency. Annual. Telangana Day, commonly known as Telangana Formation Day, is a state public holiday in the Indian state of Telangana, commemorating the formation of the state of Telangana. It is observed annually on 2 June since 2014. [1] Telangana Day is commonly associated with parades and political speeches and ...
1 November. Formation (1956) 1956 – Created by merging Madhya Bharat, Vindhya Pradesh, Central Provinces and Berar and Bhopal State by States Reorganisation Act, 1956. [14] Maharashtra. Maharashtra Day. 1 May. Formation (1960) 1960 – Bifurcation of State of Bombay to form State of Maharashtra by Bombay Reorganisation Act, 1960.
The Indian Revenue Service (Income Tax) (IAST: Bhāratīya Rājasva Sevā), often abbreviated as IRS (IT), is the administrative revenue service of the Government of India. As a Central Service, it functions under the Department of Revenue of the Ministry of Finance and is under the administrative direction of the Revenue Secretary and the ...
The Union Budget of India, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India.It is the annual budget of the Republic of India set by Ministry of Finance for the following financial year, with the revenues to be gathered by Department of Revenue to identify planned government spending and expected government revenue and the expenditures gathered by ...