CTB meaning in Income Tax ?

Answer:

What is Council Tax Benefit mean?

Council Tax is a local taxation system used in England, Scotland and Wales. It is a tax on domestic property, which was introduced in 1993 by the Local Government Finance Act 1992, replacing the short-lived Community Charge, which in turn replaced the domestic rates. Each property is assigned one of eight bands in England and Scotland (A to H), or nine bands in Wales (A to I), based on property value, and the tax is set as a fixed amount for each band. The more valuable the property, the higher the tax, except for properties valued above £320,000. Some property is exempt from the tax, and some people are exempt from the tax, while some get a discount.

In 2011, the average annual levy on a property in England was £1,196 (equivalent to £1,468 in 2019). In 2014–15, the tax raised enough money to cover 24.3% of council expenditure.

Council tax is difficult to avoid or evade and therefore has one of the highest collection rates of any tax, with in-year collection rates of 97.0% in 2014–15.

reference

Full Form	Category
Climate Test Bed	Academic & Science
Carboxyl Terminated Butadiene	Academic & Science
Closing The Books	Accounts and Finance
Cut Bank (mt)	Airport Code
Corpus Text Bank	Banking
Cooper Tire & Rubber Company	Business
Cost To Borrow	Business
Certified Transportation Broker	Business
Citizens Trust Bank	Business
Come To Be	Community
Curaçao Tourist Board	Community
Community Tool Box	Community
Composite Triple Beat	Computer and Networking
Computer Technology Branch	Computing
Communication Tool Box	Computing
Cache Transfer Bus	Computing
CatBoy	Cryptocurrency
Color Temperature Blue	General
Clear To Build	General
Capture The Base	General
Color To Blue	General
Continuous Turn Base	General
Coffee Table Book	General
Crush The Boards	General
Cement Treated Base	General
Centralized Tank Battery	General
Cipher Type Byte	General
Close The Box	General
Callie The Baker	General
Color Temp Blue	General
Carrying The Banner	General
Coroners Training Board	General
Concrete Traffic Barrier	General
Constant Tension Band	General
Can Test Box	General
Carolina Trail Blazers	General
Chevrolet Trail Blazer	General
Capri Team Belgium	General
City Bus	General
Cooper Tire and Rubber	General
California Training Benefits	General
C Titus Brown	General
Catch The Bus	General
Cushion The Blow	General
Capturing the Barrel	General
Chronograph True Beat	General
Código de Trânsito Brasileiro	General
Curve Tor Bitcoin	General
Center True Beat	General
Camp To Belong	General
Crypto Tor Bitcoin	General
Central Tape Bus	General
Cadbury Trebor Bassett	General
Cell Titer Blue	General
Clerical Test Battery	General
Cell Therapies Branch	Governmental
Civic Transit Bag	Governmental
Commonwealth Transportation Board	Governmental
Council Tax Benefit	Income Tax
Chewable Tablet	Medical
Confined to bed	Medical
Comprehensive Test Ban	Military and Defence
Controlled Technology Board	Military and Defence
Cut Bank, Montana USA	Regional