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Goods and Services Tax (India) The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
Local Body Tax. Local Body Tax, popularly known by its abbreviation as LBT, is the tax imposed by the local civic bodies of India on the entry of goods into a local area for consumption, use or sale therein. [1] The tax is imposed based on the Entry 52 of the State List from the Schedule VII of the Constitution of India which reads; "Taxes on ...
Contents. Goods and Services Tax (India) Revenue Statistics. From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection ...
The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax) used on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
Profession tax is the tax levied and collected by the state governments in India. 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, lawyer, doctor etc. are required to pay this professional tax. Different states have different rates and ...
www.mahaswayam.gov.in. The Ministry of Skill Development and Entrepreneurship is a Ministry of Government of Maharashtra to coordinate all skill development,Employment and entrepreneurship efforts in Maharashtra. The Ministry is headed by Cabinet Minister Mangal Lodha since 14 August 2022.
In 2015, the company developed the education loan portal Vidyalakshmi, which listed 34 banks and 86 loan schemes by 2018. [22] The company also diversified into e-sign service [23] and was shortlisted as the GSP (GST Suvidha Provider) by GSTN (GST Network) in 2017. [24] In 2018, IDBI Bank sold its entire 30% stake to IIFL Wealth Management. [25]
The Government of Maharashtra is the executive governing authority of the Indian state of Maharashtra. The government is led by the chief minister (currently Eknath Shinde since 30 June 2022) who selects all the other ministers. The state has had a Shiv Sena-led government since 2022. The chief ministers and their most senior ministers belong ...