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In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill. Based on inputs from GoI and States, The EC released its First Discussion Paper on Goods and Services Tax in India on 10 November 2009 with the objective of generating a debate and obtaining inputs from ...
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.
A Corporate Identification Number ( CIN) is a 21-digit alpha-numeric code issued to companies incorporated in India. CIN [ 1][ 2][ 3] is unique identification number that is given by Registrar of Companies (ROC) of various states under the Ministry of Corporate Affairs (MCA). CINs are assigned to companies registered in India by the ROC located ...
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 data from 1 ...
v. t. e. 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]
States and unionterritories of Indiaordered by. The states of India are self-governing administrative divisions, each having a state government. The governing powers of the states are shared between the state government and the union government. On the other hand, the union territories are directly governed by the union government.
ISO 3166-2:IN is the entry for India in ISO 3166-2, part of the ISO 3166 standard published by the International Organization for Standardization (ISO), which defines codes for the names of the principal subdivisions (e.g., provinces or states) of all countries coded in ISO 3166-1 . Currently for India, ISO 3166-2 codes are defined for 28 ...
Chandigarh = CH. Dadra and Nagar Haveli, Dadra & Nagar Haveli = DN. Daman and Diu = DD. Delhi, National Capital Territory of Delhi = DL. Jammu and Kashmir = JK. Ladakh = LA. Lakshadweep = LD. Pondicherry, Puducherry = PY.