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Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. It is a direct tax. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, cost accountant, Software Engineer, lawyer, doctor etc. are required to pay this professional tax.
Revenue income is primarily earned by NMC or for NMC by some external sources. Among own sources, the largest source is octroi (47%) followed by property tax (18%). In 2004–05, a capital expenditure of INR 79 crores was incurred, mainly covering water supply, public works, and roads. The cost recovery of services varies across sectors.
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 Chandrashekhar Bawankule, current minister of revenue.
The upward revision of profession tax will also help the State Governments in raising additional resources. 3. It is accordingly proposed to amend clause (2) of article 276 of the Constitution to increase the ceiling of profession tax from two hundred and fifty rupees per annum to two thousand and five hundred rupees per annum.
Vasai-Virar City Municipal Corporation (VVCMC) is the civic body that governs areas and villages in Vasai-Virar taluka in Maharashtra, India comprising the most populated part of Palghar district. According to the 2011 census, it is the fifth largest city in Maharashtra with a population of more than 1.3 million.
Toll tax is the most important income of a municipality. All commercial vehicles may receive toll taxes, except auto rickshaw. Income is also generated from commercial activities like hotels, tourist centers, renting and sale of municipal property, and education cess.
The Standing Committee is the perhaps the most important committee of the PCMC formed according to Section 20 of Maharashtra Municipal Corporation Act, 1949. [31] It consists of 16 members headed by a President appointed at the first meeting of the newly elected Corporation, half of whom retire every succeeding year.
The Standing Committee is the perhaps the most important committee of the PMC formed according to Section 20 of Maharashtra Municipal Corporation Act, 1949. [20] It consists of 16 members headed by a President appointed at the first meeting of the newly elected Corporation, half of whom retire every succeeding year.