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Goods and services are divided into 5 different tax slabs for collection of tax: 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic beverages, and electricity are not taxed under GST and instead are taxed separately by the individual state governments, as per the previous tax system. [1]
Regional College of Management (RCM), Bhubaneswar is the oldest and the first management institute in the state of Odisha established in the year 1982. The college has been approved under section 2(f) and 12 (b) of the UGC Act. The institute has been conferred the status by UGC in the year 2009.
A dual GST module for the country has been proposed by the EC. This dual GST model has been accepted by centre. Under this model GST have two components viz. the Central GST to be levied and collected by the Centre and the State GST to be levied and collected by the respective States.
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In 2013, an amount of Rs. 198.98 crore was sanctioned to the Gorkhaland Territorial Administration (GTA) under this scheme which was later renamed as Deendayal Upadhyaya Gram Jyoti Yojana and recently as "saubhagya" [2] This scheme aimed at electrifying all villages and habitations, Providing access to electricity to all rural households ...
On 15 August 2021, Narendra Modi, Prime Minister of India announced this project to boost Indian Economic Growth. [2] [3] The plan was launched on 13 October 2021 to provide multimodal connectivity infrastructure to all economic zones of India and approved on 21 October 2021 by Cabinet Committee on Economic Affairs.
Teachers (assistant professor, associate professor, and professor) are appointed through Public Service Commissions (a government body under the articles from 315 to 323 of the Constitution of India) of central and state governments. The teachers appointed through the public service commissions are government servants with Group A post and are ...
When GST is combined with progressive taxes, and the revenues distributed to the poor, the total fiscal structure can be progressive. [25] The preceding months before the GST became active saw a spike in consumption as consumers rushed to purchase goods that they perceived would be substantially more expensive with the GST.