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The eligibility for admission in 20 general and science and technology universities is verified through this test. [1] The first GST examination was held in 2021 for university admission phase in the 2020–2021 academic year. In 2024 admission phase, more than 300 thousand students applied to take the test. [2]
The central admission tests are, GST Admission System or Guccha – The central and combined undergraduate program admission test for 24 public general, science and technological universities. There are 11 general universities and 13 science and technology universities from 2024 GST admission test. [1]
The Government Funded Technical Institutes (GFTIs) are a list of 40 academic institutions funded either by the Government of India or the State governments of India that participate in the Joint Seat Allocation Authority (JoSAA) for the admission process into their undergraduate programs in architecture, planning, sciences, and various branches of engineering and technology.
The United States Department of Commerce issues a $15 million bounty for information on Hossein Hatefi Ardakani, an Iranian businessman accused of procuring parts for drones assembled by Iran's Islamic Revolutionary Guard Corps that were later sold to Russia.
The NITI Aayog (lit. ' Policy Commission '; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of the Republic of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative federalism and moving away from bargaining federalism through the involvement of State Governments of India in ...
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]
In 2010, like the Federal Estate Tax, the generation-skipping transfer tax was briefly repealed. In that year, the GST tax rate was effectively zero. [9] However, the law that created increased exemptions and the ultimate repeal of the GST tax expired on December 31, 2010. [10] In 2016, the exemption was $5.45 million per person.
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.