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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 ]
The committee submitted its report to the government in April 2008 and released its First Discussion Paper on GST in India in 2009. [2] Since the proposal involved reform/ restructuring of not only indirect taxes levied by the Central but also the States, the responsibility of preparing a Design and Road Map for the implementation of GST was ...
₹ 30 crore (US$3.6 million) [43] ₹ 23 crore (US$2.8 million) [43] NA: December ₹ 38 crore (US$4.6 million) [47] ₹ 31 crore (US$3.7 million) [66] ₹ 17 crore (US$2.0 million) [66] January: NA ₹ 32 crore (US$3.8 million) [67] ₹ 17 crore (US$2.0 million) [67] February ₹ 34.83 crore (US$4.2 million) [56] ₹ 25 crore (US$3.0 million ...
The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) formerly known as National Academy of Customs, Excise and Narcotics (NACEN) [3] is the apex civil service training institute of Government of India for capacity building of civil servants in the field of indirect taxation, particularly the areas of customs, GST, central excise, service tax and narcotics control administration.
A Chinese cryptocurrency entrepreneur who paid more than $6 million for a banana duct-taped to a wall has purchased $30 million in crypto tokens from a Donald Trump-backed venture. TRON founder ...
No. 4 Penn State has one win against a team in the College Football Playoff rankings. No. 3 Texas , No. 6 Miami, No. 9 SMU and No. 10 Indiana have none. What those five teams have in common: one loss.
Poland signed a $4 billion loan under the United States' Foreign Military Financing program that will help finance the transformation of its armed forces, the Polish defence minister said on Thursday.
18% (standard rate) 8% (basic items) Taxation in Kosovo Kuwait: 16% (highest rate) 7.5% (lowest rate) [126] Rate of 15% typically applies except for regions under Saudi control where it's 7.5% tax, plus add a possible 1% tax for Zakat 0% 0% Taxation in Kuwait North Korea [127] 25% 0% 20% 4% (highest rate) 2% (lowest rate) Taxation in North ...