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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 ...
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.
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 Wealth Tax Act, 1957 was repealed in the year 2015.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.
India Today admitted to being fined for viewership malpractice. [12] Bombay High Court directed TV Today Network to pay the fine imposed by BARC. [13] [14] In March 2018, Aaj Tak misreported that the Delhi High Court had disqualified 20 MLAs of the Aam Aadmi Party. India Today was among several news channels that also reported the said claim. [15]
The department generates the highest tax revenue for the state government. [1] The core function of the department is two pronged: implementation of taxes on various commodities and services as laid out by various tax laws enacted by Government of India and the state government and to maximize the collection of taxes. [2]
E-payments have been heavily promoted in India showing consumers the various ways they can make these payments Including ATMs, the Internet, mobile phones and drop boxes. Due to RBI efforts and the Board for Regulation and Supervision of Payment and Settlement Systems (BPSS), now over 75% of all transaction volume is electronic, including both ...
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.
Faridabad has been selected as one of the 100 Smart Cities in India. [84] A live talk show on making Faridabad 'a smart city' was organised at Municipal Corporation's Auditorium. [when?] [85] [86] Haryana Power Generation Corporation Ltd (HPGCL) is setting up a solar power plant at the site of a defunct thermal power plant in Faridabad. The ...