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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.
A border-adjustment tax (also known as a border-adjusted tax, destination tax, destination-based cash flow tax or a border tax adjustment) is a tax on goods based on location of final consumption rather than production. [1] It allegedly eliminates incentives for companies to reduce their tax bills through tax inversion and intangible asset ...
Commercial tax (previously sales tax) check post, motor vehicles check post, forest, rinderpest, and excise check posts are located there. The commercial taxes checkpost has the most officials and brings the most revenue to the state. It is one of the 10 biggest check posts in India, with nearly 200 officials. The other checkposts have fewer ...
In 2000, it had 77% of the capital volume of the chit fund business in Kerala, though just 37.5% of the number of chit funds. [4] Types of KSFE chitty schemes. Regular Chitty : In regular chits one person can bid per month. The maximum auction discount is 30 percent. For example, in a chit of 1 lakh, up to Rs. 30,000 will be reduced.
The Tamil Nadu Industrial Investment Corporation Limited (TIIC), a government company incorporated under the Indian Companies Act 1913 and continues to be a government company under the Companies Act, 1956. The authorised share capital of the company is ₹300 crores and the paid up capital of the company is ₹283.4956 crores [2]
In Kerala, the administrative divisions below the district are called taluks. There are 78 taluks with 1670 villages (including group villages). [1] [2] For revenue administration, a district subdivided into revenue divisions, each comprising multiple taluks within its jurisdiction. A taluk contain several revenue villages under its jurisdiction.
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
The urban councils of Kerala date back to the 17th century when the Dutch Malabar established the municipality of Fort Kochi.In 1664, the municipality of Fort Kochi was established by Dutch Malabar, making it the first municipality in Indian subcontinent, which got dissolved when the Dutch authority got weaker in 18th century. [2]