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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 ...
Goods and Services Tax (India) The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
Expenses. ₹4.95 lakh crore (US$59 billion) (2022–23 est.) [14] All values, unless otherwise stated, are in US dollars. The economy of the state of Maharashtra is the largest in India. [15] Maharashtra is India's second most industrialised state contributing 20% of national industrial output. Almost 46% of the GSDP is contributed by industry.
November 2018. ^ "June GST Website News & Updates" (PDF). ^ "₹1,61,497 crore gross GST revenue collected for June 2023; records 12% Year-on-Year growth". ^ "₹1,44,616 crore gross GST Revenue collection for June 2022; increase of 56% year-on-year Gross GST collection in June 2022 is the second highest collection next to the April 2022 ...
t. e. The states of India are self-governing administrative divisions, each having a state government. The governing powers of the states are shared between the state government and the union government. On the other hand, the union territories are directly governed by the union government.
Goods and services are divided into five different tax slabs for collection of tax - 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST and instead are taxed separately by the individual state governments, as per the previous tax system.
Maharashtra is an Indian state that was formed on 1 May 1960 with 26 initial districts. Since then, 11 additional districts have been created, the most recent of which is Palghar district. The state currently has 36 districts. These districts are grouped into six administrative divisions shown below. Maharashtra with all of its districts
Ministry of Revenue (Maharashtra) The Ministry of Revenue is a ministry of the Government of Maharashtra. It is responsible for preparing annual plans for the development of Maharashtra state. [1][2] The Ministry is headed by a Cabinet level by Radhakrishna Vikhe Patil Current Minister of Revenue.