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Bimal Jalan (born 17 August 1941) [citation needed] is a former Governor of Reserve Bank of India and was a nominated member of the Upper House of India's Parliament, the Rajya Sabha during 2003–2009.
It oversees the administration of indirect taxes, including customs duties, excise duties, and the Goods and Services Tax (GST). CBIC's function also extends to prevention of smuggling, illicit financial activities, and regulation and control of narcotics through its attached/subordinate offices.
Bimal Kumar Jain: Social Work: Bihar 45 Meenakshi Jain: Literature & Education: Delhi 46 Nemnath Jain: Trade & Industry: Madhya Pradesh 47 Shanti Jain: Arts: Bihar 48 Sudhir K. Jain: Science & Engineering: Gujarat 49 Benichandra Jamatia: Literature & Education: Tripura 50 K. V. Sampath Kumar and Jayalakhshmi (duo) Literature & Education ...
The GST is imposed at variable rates on variable items. The rate of GST is 18% for soaps and 28% on washing detergents. GST on movie tickets is based on slabs, with 18% GST for tickets that cost less than ₹100 and 28% GST on tickets costing more than ₹100 and 28% on commercial vehicle and private and 5% on readymade clothes. [33]
The EMC was a five-member body composed of the former Reserve Bank of India (RBI) Governor Bimal Jalan, as the head of the Commission, former Finance Secretary Sumit Bose, former Deputy RBI Governor Subir Gokarn and two other members.
The Dipak C. Jain Stock Index From January 2008 to December 2012, if you bought shares in companies when Dipak C. Jain joined the board, and sold them when he left, you would have a -8.1 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
He oversaw the introduction of the Goods and Services Tax (GST) which brought the country under one GST regime. On 20 June 2017, he reaffirmed that the roll-out of GST overseen by him as the finance minister was on track. [49] Out Leadership recommended Arun Jaitley as one of the experts and leaders who openly speak on LGBT+ issues. [50]