by Administrator | Oct 8, 2014 | Labour Laws, Law Reviews, Service and Labour Laws, Taxation Laws
The Beedi Workers Welfare Cess Act, 1976 was enacted on April 7, 1976 for the reason of imposing and collecting excise duty in the form of cess for the production of beedis. The provisions of the enactment shall be applicable to the entire Indian Territory including...
by Administrator | Jul 29, 2014 | Indirect Tax Laws, Law Reviews, Taxation Laws
The Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 was enacted on December 6, 1978 with an intention to impose and collection of extra excise duties on some textiles as well as other textile commodities. The Act shall come into effect on October...
by Administrator | Jul 29, 2014 | Indirect Tax Laws, Law Reviews, Taxation Laws
The Additional Duties of Excise (Goods of Special Importance) Act, 1957 was enacted on December 24, 1957 for the purpose of imposing and collecting of additional excise duty on some commodities. It also intends to allocate a portion of the net proceeds in between...
by Administrator | Jul 27, 2014 | Law Reviews, Taxation Laws
Various taxation laws are enacted for tax collection from the public for revenue and welfare of the country. The Wealth Tax was enacted in the year 1957 for the assessment of tax from the wealth of an individual, Hindu undivided family and any company at 1% where the...
by Administrator | Jul 27, 2014 | Law Reviews, Taxation Laws
The economic graph of a country depends on the revenue of that country. The government from time to time creates new strategies for the generation of revenue. The maintenance of the economy is the basic motive of a democratic government that ultimately aims at the...
by Administrator | Jul 27, 2014 | Law Reviews, Taxation Laws
An income can be generated through various sources. The Government of a country has the responsibility to create job opportunities or employment for the welfare of the people. The Government of India provides several opportunities for a citizen to create income....