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GST is a comprehensive indirect tax levy on goods and services introduced in India from 1 July 2017 by the Constitution (One Hundred and First Amendment) Act, 2016. Learn about the background, design, legislation and ratification of GST in India from this Wikipedia article.
GST stands for Goods and Services Tax, a comprehensive, multistage, destination-based tax in India. It subsumed most indirect taxes and came into effect in 2017. Learn about its formation, rules, regulations and tax slabs.
This web page shows the monthly GST revenue collections data of India from 2017-18 to 2024-25. It also provides the state-wise and union territory-wise breakdown of GST revenue and the import returns data.
Article 356 amended to permit President's rule up to three years in the state of Punjab, Articles 352 and Article 359A amended to permit imposing emergency in state of Punjab or in specific districts of the state of Punjab. 60th: Amend article 276. [68] 20 December 1988 Profession Tax increased from a maximum of Rs. 250/- to a maximum of Rs ...
Learn about the history, types and administration of taxes in India, a country with a federal system of taxation. Find out the major taxes levied by the central and state governments, such as income tax, GST, excise duty and more.
He was made the chairman of GST council by the NDA Govt in 2000. Dasgupta admitted in an interview that 80% of the plan had been formulated under his tenure in the GST Council. [5] He resigned from the chairmanship in 2011. GST was finally implemented on 1 July 2017. He is referred to as the architect of India's GST. [4]
Value-added tax (VAT) is a tax levied on the value added to goods and services at each stage of production or distribution. Learn about the history, rates, and applicability of VAT in different states and union territories of India.
The Constitution of India is the supreme law of India and the longest written national constitution in the world. It was adopted by the Constituent Assembly on 26 November 1949 and became effective on 26 January 1950, replacing the Government of India Act 1935.