Jump book bihar commercial tax

Investment climate teams of the world bank group advised bihars government to reform to its tax regime to. Magadh consultancy th september 2011 from india, delhi. Hi now professional tax in bihar is applicable from september 2011 slab is on per year income pt amount in rs. Commissioner commercial tax bihar patna, income tax, goods and services tax, gst, service tax, central excise, custom, wealth tax, foreign exchange management, fema. Online payment of taxes for commercial vehicles in bihar as of now this facility of online tax payment of vehicles in bihar has been launched in 5 districts of bihar. The economy of bihar is largely serviceoriented, but it also has a significant agricultural base. Income tax department likely to achieve 19% growth in tax collection from bihar and jharkhand k c ghumaria said that the strict income tax provisions, coupled with aadhaar linkage, have made it impossible for anyone to conceal their income.

Commercial tax officer chapra saran 33 66 9801182270 11. The job also offers a challenging perspective during it. Ammendment in bihar professional tax rules, 2011 bihar. The government may choose to subsidise a part of the price but tax. Bihar and jharkhand have seen a 29 per cent jump in tax revenue collection within a year of the goods and services tax gst being implemented, while the number of taxpayers has increased by 102 per cent. Bihar psc finance service department is hiring the talented and eligible candidates for bpsc tax officer jobs.

Certain tax benefits awarded to notified backward areas in. Government of bihar finance commercial taxes department notification s. Form of tax audit report under section 54 in excel format by finotax which you can fill before print on your pc laptop. The books homepage helps you explore earths biggest bookstore without ever leaving the comfort of your couch. Profession tax is levied and collected by the commercial taxes department of state. Villagerrown district name of the interested oerson. The history of bihar is one of the most varied in india. From rujuta diwekar, sadhguru, hector garcia, francesc miralles, jay shetty and milind soman, find all your favourite authors under one single roof. The bpsc conducts exam for different administrative posts. Professional tax to be imposed in bihar pti patna, march 30. Tax collection rights are now a duty of the company. The road tax in bihar is computed by taking a number of factors into account, with the important ones being the weight of a vehicle, its age, purpose personal use or commercial use, seating capacity, engine size, length and width, fuel type, etc. Bihar commercial tax department has exempted seventy broad categories of goods from any sales tax or vat. Browsing bihar by department commercial taxes department.

If the user wants to cancel the transaction, he can select a link click here to abort this transaction and return to the bihar commercial site displayed at the end of the page. Agricultural implements manually operated or animal driven. Total collection of sale taxvat entertainment tax, electricity duty, etc. Flipkart is your onestop book destination with a range that will spoil you for choice. Commercial taxes or the assistant commissioner, commercial taxes or the commercial taxes officer, in charge of the concerned circle to the effect that the payment or any part thereof relates to such transfer of property in goods. Bihar disposal of registration application under vat act,2005. It plays a key role in maintenance of administration in the state of bihar. Department of commercial taxes department india code. Bihar government has decided to impose professional tax on central and state governments officers and employees, railways, boards and corporation on the pattern of maharashtra, west bengal and other states, official sources said today. Notice regarding submission of desired documents by 63rd bpsc recommended candidate upto 25. Bihar professional tax form pt i in fillable pdf application for registration about forms compiled in pdf fillable as excel word format. Sushil kumar modi sushil modi said those being trained for the purpose include 888 transporters and that for transportation of goods worth more than rs 50,000 eway bill wills become compulsory from february 1. The department oversees the maintenance of law and order, prevention and control of crime, prosecution of criminals besides dealing with fire services and prisons administration.

This is the unique number generated at banks end to uniquely identify all challan payments. The entertainment tax has in the most cases the form of indirect tax. Border check post bcp the border check posts are exclusive establishments of the commercial taxes department with a cadre strength of 2 assistant commercial tax officers, 2 junior assistants and. Also a 25 digit challan identification number is displayed at the end.

A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. Search, verify and know bihar vat dealers tin details by name or registered tin number. Check the bpsc commercial tax officer previous year question papers 2017 released by the bihar commerce tax department. Housing loan housing loan or home loan is a great tax saving instrument in income tax in india. Find uco bank bihar micr code, uco bank bihar ifsc code, branch address for all uco bank branches across bihar. This portal belongs to commercial taxation department, state government of bihar, india. Ifsc code for uco bank bihar on the economic times. The specific rules such as the tax rate of entertainment tax and cases of tax exemption are subject to local authorities, as is their collection. How to calculate income tax online latest news epf passbook. Here youll find current best sellers in books, new releases in books, deals in books, kindle ebooks, audible audiobooks, and so much more. According to the vat act, 2005, it was mandatory for every dealer. Cooking gas lpg subsidy has jumped by over 60 per cent in last. Bihar professional tax form pt i in fillable pdf finotax. It is being developed with an objective to enable a single window access to information and eservices provided by the department.

Getting their books of account audited by cas was very demanding for. The posts of the sdm and dsp bring professional growth and personal satisfaction. Usa agencies vs the commercial tax officer on 17 july, 20. Page 1 bihar value added tax rules, 2005 24th march, 2005 s. The districts where commercial vehicles e payment facility in bihar have been launched are patna, gaya, muzaffarpur, purnia and bhagalpur. M4482012parti8f dated feb,7 2014 wednesday, 12 march 2014 for information purpose only. Annex, 21 bihar tax an entry of goods rules 1993 name of the owned property places property owned holding no. Bihar industrial investment promotion policy, 2016. Every dealer who is registered under the bihar finance act, 1981 bihar act 5 of 1981, as it stood before its repeal by section 94, shall be liable.

Verification of cst forms department of commercial taxes. The provisions of the incometax act 1961 have been amended through finance act 2015 to provide certain tax benefits to notified backward areas in specified states including state of bihar to give these areas an opportunity to grow faster. Amendment in bihar finance act, entry tax and vat 2014. Compatibility view the department of commercial taxes, government of bihar portal is compatible with following browsers. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. Enrich your book shelf with the likes of crowdfavourites ikigai, death, the 12 week fitness project, with love and no limits among a. Government of bihar finance commercial taxes department. Check bihar bpsc commerical tax officer exam pattern 2017. The states which impose professional tax are punjab, uttar pradesh, karnataka, bihar, west bengal. Bihar industrial investment promotion policy, 2016 bihar startup policy, 2017. One can get tax exemption on interest as well as on principal amount.

Entertainment tax also sometimes referred to as amusement tax is any tax levied on any form of commercial entertainment, such as movie tickets, exhibitions, sport events and more. Under section 80c of income tax act, a maximum of rs. The average growth rate of tax revenue of commercial taxes department in bihar has been 20% in the past five years, except 9% in the last fiscal, which was. List of goods exempt from sales tax or vat in bihar. Dear all, plz provide professional tax slab in bihar. As per the year book of road transport 20, bihar was the second fastest. Bihar psc commerical tax officer previous papers 2017. Vat bihar form tari in excel format finotax tax slabs. Because of an onerous tax system, many micro and small businesses remain off book. Bowing to demands of small traders and entrepreneurs, the bihar government.

Professional tax professional tax in nellore, professional tax in cuddapah, professional tax in karim nagar, professional tax in kurnool, professional tax in west godavari, professional tax in srikakulam, professional tax in anantpur, professional tax in adilabad, professional tax in chittor, professional tax in east godavari, professional tax in guntur, professional tax in hyderabad urban. Profession tax is the tax levied and collected by the state governments in india. Bihar governments efforts to have six checkposts on the national highways close to interstate borders have made a significant headway, as two more c. Presents amendments in bihar finance act, entry tax and vat wednesday, 12 march 2014 for information purpose only. This should work on internet explorer, firefox and chrome. State sees jump in tax revenue patna news times of india. Amendment in bihar finance act, entry tax and vat 2014 1. While they avoid the tax, they lose out on benefits of formalization, particularly access to finance. Notification regarding amendment in rule 5 of the bihar entertainment tax rules,1984. This portal belongs to department of commercial taxes portal,state government of jharkhand, india. The complete article about income tax on property is as follows. Composition of revenue receipts of bihar government.

Tags commercial taxes department entertainment tax entry luxury online c form. Bihar commerce tax department is planning to conduct the written test to shortlist the applicants of bpsc commercial tax officer vacancies. Attention taxpayers the bihar settlement of taxation disputes act, 2019 and rules, 2020 ots scheme has been extended for the period three months from 15th april, 2020 to 14th july,2020. The bihar finance amendment rules, 2014 notification no. Lpg subsidy jumps 60% as government maintains prices to help. Bihar tax on professions, trades, callings and employments act, 2011. Bihar hikes turnover cap for vat audit the economic times. It is also bought by those who have voluntarily given up subsidy and by commercial establishments. Form o refund order under the bihar value added tax act, 2005 see rule 17 book no. We believe if you are an individual with a good commercial sense, an analytical mind, a strong academic record and work ethic, excellent communication skills, an appetite for variety, a desire to continue to learn and improve professionally and the ability to lead others, you should consider a career with us.