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The portal is accessible to the tax authorities for tracking down every transaction, while taxpayers have the ability to connect for their tax returns. The GSTN's authorized capital is ₹ 100 million (US$1.3 million) in which initially the Central Government held 24.5 per cent of shares while the state government held 24.5 per cent.
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
v. t. e. The Indian Revenue Service (Customs & Central Excise) ( IAST: Bhāratīya Rājasva Sevā ), often abbreviated to IRS (Customs&CentralExcise) or IRS (Customs&IndirectTaxes), now called IRS (Customs&GST) is a part of central civil service of the Government of India. It functions under the Department of Revenue of the Ministry of Finance ...
The Income Tax Service was established in 1944, and was subsequently reconstituted as the Indian Revenue Service (Income Tax) in 1953. In 1963, given the increasingly complex roles and responsibilities of administering direct tax in India, the Central Board of Direct Taxes was constituted as a statutory body under the Central Board of Revenue ...
Service tax was a tax levied by the Government of India on services provided or agreed to be provided excluding services covered under the negative list and considering the Place of Provision of Service Rules 2012 and collected as per Point of Taxation Rules 2011 from the person liable to pay service tax. According to the Service Tax Rules 1994 ...
v. t. e. The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT) is an Indian quasi-judicial body that hears appeals against orders and decisions passed under the Customs Act, 1962 and Central Excise Act, 1944 as amended from time to time. It was constituted as Customs, Excise and Gold (Control) Appellate Tribunal (CEGAT) under section ...
The digital office of the Income Tax Department of India is based in Bangalore. The need for the build of systems to collect and refund taxes for millions of citizens and need for data analytics and AI to prevent fraud meant that Bangalore city was an obvious choice for the same. See also. Category:Companies based in Bangalore; Economy of Hyderabad
Bangalore Metropolitan Transport Corporation, officially Bengaluru Metropolitan Transport Corporation ( BMTC ), is a state-owned public road transport corporation in the Indian city of Bangalore. It is wholly owned by the Government of Karnataka. It serves the Bangalore Metropolitan Region. As of August 2022, it has a fleet of 6798 buses.