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Tier Emergency Action Plan orphaned Dam Project ID : OR10MH0008 Prepared for :Odisha Water Resources Department Rajiv Shawn, Opposite of Secretariat, Bhubaneswar,Odisha751001Disclaimer Every effort
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To fill out tier-i form:
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Start by providing your personal information such as name, address, and contact details.
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Proceed to enter your income details, including details of salary, allowances, and other sources of income.
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Fill in details of your tax payments, including TDS deducted by your employer and advance tax payments made by you if applicable.
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Who needs tier-i?

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Tier-I is necessary for individuals who fall under the purview of the Income Tax Act, 1961. It is required for anyone who earns taxable income in India and wants to file their income tax return. Whether you are a salaried employee, a self-employed professional, or a freelancer, you need to fill out tier-I form to report your income and pay taxes accordingly. It is also important for individuals who want to claim deductions and exemptions under various sections of the income tax act.
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Tier-I refers to the first level of classification for financial statements or reporting entities, often associated with specific regulatory frameworks.
Entities that meet certain criteria set by regulatory authorities, such as public companies and large private companies, are required to file Tier-I.
Tier-I forms are typically filled out by providing relevant financial data, operational metrics, and necessary disclosures as per the guidelines outlined by the regulatory body.
The purpose of Tier-I is to enhance transparency, provide accurate financial information, and allow regulatory bodies to oversee and assess the financial health of entities.
Tier-I requires reporting of balance sheets, income statements, cash flow statements, and additional disclosures as mandated by regulatory agencies.
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