Search results
Results from the WOW.Com Content Network
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.
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]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
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.
The banknotes in circulation had reached to the level before demonetisation in March 2018. [86] By March 2018, there were banknotes worth ₹18.03 trillion in the market; an increase of 9.9%. New banknotes of ₹2,000 and ₹500 constitute 80.6% of it. Thus, small domination banknotes increased by only 5.8%. [67]
In December 2023, the target date was revised to the end of the 2023-4 fiscal year [14] and later to the end of the 2024-5 fiscal year. [ 16 ] Trend of railway electrification commissioning in India [ 4 ] [ 17 ] [ 18 ]
No. Year Date Ref 85 2022 30 January [146] PM Modi mentioned the National War Memorial, corruption and the Padma Awards and National Children's Award. He said how over 10 million children have contributed to Mann Ki Baat through postcards. He also wrote about how jawans have written letters to the PM about the new memorial.