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American Civil War (1861–65) George S. Boutwell was the first Commissioner of Internal Revenue under President Abraham Lincoln.. In July 1862, during the American Civil War, President Abraham Lincoln and Congress passed the Revenue Act of 1862, creating the office of Commissioner of Internal Revenue and enacting a temporary income tax to pay war expenses.
Bharat Sanchar Nigam Limited (abbreviated as BSNL) is a central public sector undertaking under the ownership of Department of Telecommunications, which is part of the Ministry of Communications, Government of India with its headquarters in New Delhi, India. The central public sector undertaking was established on 1 October 2000 by the ...
Jharkhand State Electricity Board. Jharkhand State Electricity Board is a Government of Jharkhand enterprise, entrusted with the generation and distribution of electrical power in the state of Jharkhand, India. It suffers a loss of more than ₹ 1,000 crore (US$200mn) every year.
The Directorate of Enforcement, or Enforcement Directorate ( ED ), is a domestic law enforcement agency and economic intelligence agency responsible for enforcing economic laws and fighting economic crimes in India. [1] It is part of the Department of Revenue, Ministry of Finance, Government Of India. [2] The Enforcement Directorate focuses on ...
PNB Housing Finance Limited (PNB Housing) is an Indian housing finance company registered with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on 11 November 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in ...
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.
Our Chart of the Week below shows the number of respondents to the New York Fed’s survey who expect to work beyond 62 fell to 45.8% in March, down from 55.4% four years ago. And just 31.2% of ...
In June 2021, PwC together with Edelman, the company's agency partner, launched a program, The Trust Leadership Institute. PwC developed a ColourBrave Charity Committee, made up of employees from across the organisation, as part of its commitment to continue to build an inclusive culture and address racial disparity. The Committee chose 25 ...