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From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.
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[21] [22] It is one of the few midnight sessions that have been held by the parliament - the others being the declaration of India's independence on 15 August 1947, and the silver and golden jubilees of that occasion. [22] After its launch, the GST rates have been modified multiple times, the latest being on 10 May 2023 where taxpayer with over ...
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.
In view of uncertainty due to the COVID-19 pandemic, the GST increase [14] will be deferred to after year 2022, with a S$6 billion Assurance Package proposed in 2020 to cushion the impact when the hike kicks in. The GST increase is later deferred again, with the increase taking place in two stages, 8% on 1 January 2023 and 9% on 1 January 2024.
Defence expenditure was pegged at US$70.12 billion for fiscal year 2022–23 and, increased 9.8% than previous fiscal year. [ 293 ] [ 294 ] India is the world's second-largest arms importer; between 2016 and 2020, it accounted for 9.5% of the total global arms imports. [ 295 ]
One older theory states that there were no large Tamil settlements in Sri Lanka until the 10th century CE. [43] According to the anthropological and archaeological evidence, Sri Lankan Tamils have a very long history in Sri Lanka and have lived on the island since at least around the 2nd century BCE. [44] [45]
The last date for filing nominations for candidates contesting in constituencies falling in the phase two of the polls was 4 April, and that for phase three was 19 April. [ 3 ] A total of 247 candidates, which included 226 men and 21 women, contested from the 14 constituencies that went for polls in phase two on 26 April.