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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.
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]
It oversees the administration of indirect taxes, including customs duties, excise duties, and the Goods and Services Tax (GST). CBIC's function also extends to prevention of smuggling, illicit financial activities, and regulation and control of narcotics through its attached/subordinate offices.
Business Standard is an Indian English-language daily edition newspaper published by Business Standard Private Limited, [4] also available in Hindi.Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, information on financial quotations, corporate governance, and a range of other financial news, opinions and insights.
India does not want to give any signal that it is protectionist, the top bureaucrat in the finance ministry said, after slashing import duties on high-end motorcycles, amid U.S. President Donald ...
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.
Hindustan (IAST: Hindustāna) is an Indian Hindi-language daily newspaper. According to WAN-IFRA, it ranked 13th in the world by circulation in 2016 and per the Audit Bureau of Circulations was 6th in India in 2022. [1] [2] [3] Madan Mohan Malaviya launched it in 1936. [4] It is published by Hindustan Media Ventures Limited.
Dainik Jagran was established in Jhansi, [10] a district town in United Provinces (later renamed Uttar Pradesh), [11] by Puranchand Gupta and first published in 1942. Prior to this, Gupta had worked as the managing editor of a local magazine since 1939 and would frequently visit Bombay to secure advertisements to publish in the magazine, which gave him the required connections and confidence ...