India Languages, asked by mokurojusrujana2287, 11 months ago

Tamil Nadu income tax essay in English

Answers

Answered by roshansharma17
0

Answer:

Nadu is one of the most urbanized and most progressive states in India. It leads most of the states on several economic indicators. It is the 4th largest contributor to the country’s direct tax revenues. The net collection recorded by the region during financial year 2017-18 is Rs.68700 crores, which works out to 6.85% of all India collections.

It is pertinent to note that Tamil Nadu and Puducherryregion has shown a significant increase from Rs.4590 crores in financial year 2001-02 to Rs.68700 crores in financial year 2017-18. The tax base has also gone up from 26.07 lakhs in 2001-02 to 46.17 lakhs in financial year 2017-18. Similarly, the number of returns filed increased from 12.10 lakhs in 2001-02to 42.58 lakhs in 2017-18.

Answered by adventureisland
0

Income tax of Tamilnadu.

Explanation:

The state Tamil Nadu has an economically second largest place in India. In this state 60 percent are urbanized, the urban population accounting is 10.6%in our country. Services contribute 45% of the economy in the state. Manufacturing at 34% and agriculture at 21%. Here Tamilnadu government is the major investor with 52% of its total investments. Indian investors at 29.9% and foreign investors at 14.9%. It was the first ranked state economically in India by the economic freedom rankings.

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