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The current ratio of two streams at the entry level is kept 1:1. [6] All IRS officers, regardless of their mode of entry, are appointed by the President of India. Only about 250 candidates out of over 1 million applicants, who apply through the Civil Services Examination, are successful - a success rate of 0.025%. [7]
eFiling: eFiling of returns ensured that all returns can be submitted in submitted in digital form at dedicated e-filing website (https://incometaxindiaefiling.gov.in Archived 19 February 2022 at the Wayback Machine) without any need of submitting paper returns to Income Tax Department offices. This not only reduced grievances of taxpayers on ...
The introduction of the Goods and Services Tax (GST) was a landmark reform in India's taxation system, aimed at streamlining and simplifying multiple taxes into a singular, unified system. However, like any significant overhaul, its implementation came with a set of challenges: 1.
In 1974, the Uniform Code Council (UCC) was founded to administer the standard. [1] On 26 June 1974, a pack of Wrigley's chewing gum became the first ever product with a barcode to be scanned in a shop. [1] [3] In 1976, the original 12-digit code was expanded to 13 digits, which allowed the identification system to be used outside the U.S.
The Government approved the National e-Governance Plan, consisting of 27 "Mission Mode Projects" (MMPs) and 8 components (now 31, 4 new added in 2011 viz Health, Education, PDS & Posts), on 18 May 2006. [1] This is an enabler of Digital India initiative, and UMANG (Unified Mobile Application for New-age Governance) in turn is an enabler of NeGP.
The standards are developed and maintained by GS1. [1] GS1 EDI is part of the overall GS1 system, fully integrated with other GS1 standards, increasing the speed and accuracy of the supply chain. Examples of GS1 EDI standards [ 2 ] [ 3 ] include messages such as: Order, Despatch Advice (Shipping Notice), Invoice, Transport Instruction, etc.
The Income Tax Department of India clearly lays down the rules associated with the use of this form. Form 3CD is a Form in accordance with Rule 6G(2) and Section 44AB of the Indian Income Tax Act, 1961. The Form is a part of the process of filing Income Tax Returns in India and is an Annexure to the Audit Report. Form 3CD contains 41 Clauses. [23]
Direct tax in the form of an income tax was introduced by the British in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [5] The organizational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act, 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.