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The tax is to be paid by a registered trader within 40 days. As per the rules, every trader whose annual turnover of purchase and sales of the goods included in the taxable schedule is not less than ₹ 5000 and if the annual turnover of purchase and sales of all the goods is not less than ₹ 1,00,000 (one lakh) is supposed to be registered with the local civic body i.e. municipality.
The Department of Revenue and Land Survey is a government department under Government of Kerala that manages all government owned lands and decides land use policies in the Indian state of Kerala. The department is also a government agency, deriving various taxes on land, as well as lease amounts from various government lands, which are ...
Kerala is a state on the southwestern coast of India. It is known for its high literacy rate, low infant mortality rate, and long life expectancy. Following the 73rd and 74th amendment (both in 1992) of the Constitution of India which entrusted states with establishing Panchayati Raj institutions and Urban Local Bodies for devolution of powers, the Kerala government enacted the Kerala ...
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, entertainment tax and stamp duty. [2]
Property tax, or 'house tax,' is a local tax on buildings, along with appurtenant land, and imposed on Possessor (certainly, not true custodian of property as per 1978, 44th amendment of constitution). It resembles the US-type wealth tax and differs from the excise-type UK rate.
Thrissur Municipal Corporation is the second-largest city corporation in the state of Kerala. The city is the only local body and city in Kerala which directly controls power, water supply and solid waste management system in the Thrissur city. For administrative purposes, the city is divided into 55 wards, from which the members of the ...
As per the Kerala Municipal Act of 1994, the Government of Kerala transferred powers and functions to local self-governments in 1995, along with institutions, offices, and functionaries. Consequently, 18 functions are maintained by the Municipal Corporation: [ 10 ] [ 19 ]
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 ]