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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.
Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India. 1 July is celebrated as GST Day. [4]
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
India faces more difficulties in proliferating its income tax than a country like China, who subjects 20% of its population, because there is an emphatically low amount of formal wage earners. [27] Even though India's income tax was instituted in 1922 by the British, their tax history explains their high degree of tax delinquency today. [27]
India Today admitted to being fined for viewership malpractice. [12] Bombay High Court directed TV Today Network to pay the fine imposed by BARC. [13] [14] In March 2018, Aaj Tak misreported that the Delhi High Court had disqualified 20 MLAs of the Aam Aadmi Party. India Today was among several news channels that also reported the said claim. [15]
TV schedule: Kentucky Derby coverage on NBC will run from 2:30 to 7:30 p.m. (EDT). Coverage of the early races on the Derby undercard will be on USA Network from noon to 2:30 p.m. (EDT).
India Today is a weekly Indian English-language news magazine published by Living Media India Limited. [3] [4] It is the most widely circulated magazine in India, with a readership of close to 8 million. [5] In 2014, India Today launched a new online opinion-orientated site called the DailyO. [6]
What time does the 2023 Kentucky Derby start? Here's a breakdown of when the race starts and the TV and streaming options available. ... Here's a breakdown of when the race starts and the TV and ...