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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]
A municipal corporation is headed by a mayor, who presides over elected councilors representing individual wards. Chennai Corporation, established in 1688, is the oldest urban body in India and is the second oldest corporation in the world after London. [5] As of 2024, there are 25 municipal corporations in Tamil Nadu. [6
[5] in 1981, Coimbatore was elevated to a municipal corporation, the third in Tamil Nadu by the merger of Singanallur Municipality with Coimbatore Municipality. In 2011, Coimbatore City Municipal Corporation limits were expanded by merging nearby areas of Coimbatore and making its area from 105 km² to 257.04 km². [ 6 ]
Chennai Corporation, which was established on 29 September 1688, is the oldest corporation in India and is the second oldest in the world after London. [2] Madurai Municipal Corporation was established in 1971 and Coimbatore Municipal Corporation in 1981. Three more were established in 1994 and the count remained at six till 2007.
India faces more difficulties in proliferating its income tax than a country like China, who subjects 20% of its population, because there is an emphatically low amount of formal wage earners. [27] Even though India's income tax was instituted in 1922 by the British, their tax history explains their high degree of tax delinquency today. [27]
Corporate tax rates generally are the same for differing types of income, yet the US graduated its tax rate system where corporations with lower levels of income pay a lower rate of tax, with rates varying from 15% on the first $50,000 of income to 35% on incomes over $10,000,000, with phase-outs.
Corporation of Madurai is the civic body which administers the city of Madurai in Tamil Nadu, India.Madurai is one of the oldest living cities in the world. Formed on 1 May 1971 as the first Municipal Corporation in Tamil Nadu post independence, it is the third largest municipal corporation in Tamil Nadu in population and revenue.
The Coimbatore Integrated Bus Terminus planned at Vellalore was cancelled midway in 2023 due to a lack of sufficient approach roads to the terminus and a hazardous waste dump nearby. [212] Coimbatore BRTS is a proposed bus rapid transit project under the JNNURM scheme of the Government of India.