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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.
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]
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 Ministry of Finance 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 Minister. Ajit Pawar is current Deputy Chief Minister of Maharashtra and Minister of Finance.
State GDP Purchasing power parity - ppp % contribution to state GDP [5] % Contribution to National GDP Total Area (Urban+Rural)(sq.km) Total Population (Urban+Rural)(2011) Source 1 Greater Mumbai Metropolitan Area (Includes Mumbai City, Mumbai Suburban, Thane, Palghar, Raigad) Maharashtra ₹ 13,417.15 billion (US$170.69 billion) US$649.74 ...
Pune Metropolitan Region (PMR) is the metropolitan region around the city of Pune. According to practical purposes, PMR comprises two Municipal Corporations of PMC, PCMC and three Cantonment Boards, spread over an area of 7,256.46 km 2. [1] [5] [6] The population of the region as per 2011 census was 7,541,946. [3]
Maharashtra is the third most urbanised state in India with 42.23% of its population living in urban areas, compared with the national average of 31.16%. The urban population grew by 23.7% in the 2001–2011 period to 50.8 million and now has the highest number of people living in urban areas. [ 1 ]
Pune Municipal Corporation (PMC) is the civic body that governs the inner limits of Pune, India. It is in charge of the civic needs and infrastructure of the metropolis , which is spread over an area of 500 sq. km. and has 3.4 million residents.