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Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India. 1 July is celebrated as GST Day. [4]
As per the annual report of the company, ITC had more than 28,000 employees as of 31 March 2020. [30] ITC's former chairman and CEO Yogesh Chander Deveshwar (d. 2019) is a recipient of Padma Bhushan from the Government of India; he was named the seventh-best-performing CEO in the world by Harvard Business Review in 2013. [30] [31]
10] This is apex institution of government of India for capacity building in the field of Customs, Indirect Taxes, and Narcotics under the administrative control of Central Board of Indirect Taxes and Customs (CBIC). The functions of NACIN is specified in CBIC office order No.06/Ad.IV/2017 on 12 June 2017 which states that NACIN will undertake ...
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.
ITC Hotels is an Indian hospitality company that operates and manages hotels. It has over 100 hotels and is India's third largest hotel chain.
Telecommunications Consultants India Limited (TCIL) is a central public sector undertaking. It is under the ownership of the Department of Telecommunications, Ministry of Communications, Government of India. It was set up in 1978 to give consultations in fields of Telecommunications to developing countries around the world.
The Director-General advises the central Government in the formulation of Foreign Trade Policy and is responsible for carrying out that Policy. At present, the Director-General formulates Foreign Trade Policy and Hand Book of Procedures of Foreign Trade Policy and ITC (HS) Classifications of Import and Export Items.
ITC Enschede, the International Institute for Geoinformation Science and Earth Observation, a tertiary educational institution located in Enschede, Netherlands; ITC Sangeet Research Academy, a Hindustani classical music academy run by ITC Limited, located in Kolkata, India ITC SRA Sangeet Sammelan, an annual Indian classical music festival