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Local Body Tax, popularly known by its abbreviation as LBT, is the tax imposed by the local civic bodies of India on the entry of goods into a local area for consumption, use or sale therein. [1] The tax is imposed based on the Entry 52 of the State List from the Schedule VII of the Constitution of India which reads; "Taxes on the entry of ...
Entry Tax is a tax on the movement of goods from one local area to another imposed by the state governments in India. It is levied by the recipient state, the validity of which is seriously in doubt and dispute across India. [1] The tax was introduced on 1 September 2000.
This department came into existence when Haryana was established as a new state within India after being separated from Punjab. Dushyant chautala is the cabinet minister responsible for this department from October 2019.
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, entertainment tax and stamp duty. [2]
The tax policy is not limited to raising of revenue. As a part of the overall policy of the Government of India, the tax policy also serves as a tool to address several other objectives in the process of development of the country. These objectives may include providing for incentives and disincentives in the target areas/segments of the economy.
Administrative Divisions of Haryana. Haryana, formed on 1 November 1966, is a state in North India.For the administrative purpose, Haryana is divided into 6 revenue divisions which are further divided into 22 districts.
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