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The Municipal Corporation of Faridabad (MCF) is the Municipal Corporation responsible for the city of Faridabad in Haryana state. Municipal Corporation mechanism in India was introduced during British Rule with formation of municipal corporation in Madras in 1688, later followed by municipal corporations in Bombay and Calcutta by 1762.Faridabad Municipal Corporation has been formed with ...
HSIIDC Industrial park on NH 48.. Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) (established 8 March 1967), formerly Haryana State Industrial Development Corporation (HSIDC), headquartered at Panchkula, is a 100% state-owned agency of the government of Haryana in the Indian state of Haryana.
The payment of the property tax is usually made before mid-October. The tax notice is drawn up in the name of the owner who is the only person liable for the property tax. The precise deadline for paying it varies depending on the method of payment chosen. Exemption from property tax. In certain situations the property tax allows exemptions.
The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) formerly known as National Academy of Customs, Excise and Narcotics (NACEN) [3] is the apex civil service training institute of Government of India for capacity building of civil servants in the field of indirect taxation, particularly the areas of customs, GST, central excise, service tax and narcotics control administration.
Faridabad Division is one of the six divisions of Haryana state of India. It comprises the districts of Faridabad , Palwal and Nuh . [ 1 ] It was announced in January 2017 and approved by the Haryana cabinet on 2 February 2017.
India has abolished multiple taxes with passage of time and imposed new ones. A few of these taxes include inheritance tax, [5] interest tax, gift tax, wealth tax, etc. Wealth Tax Act, 1957 was repealed in the year 2015. [6] Direct Taxes in India were governed by two major legislations, Income Tax Act, 1961 and Wealth Tax Act, 1957.
The IRS (Customs and Indirect Taxes) is controlled by a separate statutory body, the Central Board of indirect taxes and Customs (CBIC). The duties of the IRS (C&IT) include formulation and enforcement of policy concerning the Goods and Services Tax , prevention of smuggling and administration of matters related to Customs and Narcotics.
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.