Search results
Results from the WOW.Com Content Network
The forms used in the list are English-language forms provided by India. Source list update. Addition of sources: Statoids, Geonames 30 October 2014 Add one state. IN-TG Telengana [2] Change spelling. IN-OR Orissa → IN-OR Odisha Update list source and code source. 22 November 2019 Change of subdivision category from state to Union territory.
The council is headed by the union finance minister Nirmala Sitharaman assisted with the finance minister of all the states of India. The GST council makes recommendations to the Parliament of India to make or amend laws related to the taxes on goods and services in India. [48] The 54th GST Council Meeting was held on 9th Sept 2024. [49] [50] [51]
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty. [2]
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. [1]
GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1] As of 2011 [update] , the Government accounted for about 21% of the GDP followed by agriculture with 21% and corporate sector at 12%.
India is a federal constitutional republic governed under a parliamentary system consisting of 28 states and 8 union territories. [1] All states, as well as the union territories of Jammu and Kashmir, Puducherry and the National Capital Territory of Delhi, have elected legislatures and governments, both patterned on the Westminster model. The ...
States Andhra Pradesh = AP Arunachal Pradesh = AR Assam = AS Bihar = BR Chhattisgarh = CG Goa = GA Gujarat = GJ Haryana = HR Himachal Pradesh = HP Jharkhand = JH Karnataka = KA Kerala = KL Madhya Pradesh = MP Maharashtra = MH Manipur = MN Meghalaya = ML Mizoram = MZ Nagaland = NL Odisha = OD Punjab, Punjab (India) = PB Rajasthan = RJ Sikkim = SK
In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill. Based on inputs from GoI and States, The EC released its First Discussion Paper on Goods and Services Tax in India on 10 November 2009 with the objective of generating a debate and obtaining inputs from ...