Page-6 of GST
The Direct Tax Vivad Se Vishwas bill introduced in Lok Sabha by the Finance Minister
The Finance Minister Nirmala Sitaraman proposed the scheme Vivad Se Vishwas Scheme in the Union Budget 2020. In order to implement the scheme, the minister introduced a bill in Lok Sabha on February 5, 2020. The main objective of the ..
Month: Current Affairs - February, 2020
Budget 2020-21 presented by Finance Minister: The Themes, GST Reforms
The Finance Minister Nirmala Sitaraman presented the Budget 2020-21 on February 1, 2020. The budget focused on enhancing purchasing power of citizens and boosting their incomes. It has also given importance to technology and innovation to increase employment of the ..
Month: Current Affairs - February, 2020
GST Revenue Collection during December 2019
The Goods and Services Tax (GST) revenue collection for the month of December 2019 has shown a growth of 16% as compared to that from the previous year in December 2018. A total of Rs 1,03,184 crore has been collected ..
Month: Current Affairs - January, 2020
Finance Commission suggests GST Council for Three Slabs
The fifteenth Finance Commission headed by Retired IAS officer Nand Kishore Singh is about to commence its tenure of 5 years from 1st April 2020- 31st March 2025. The commission constituted on 27th November 2017 will recommend fiscal matters and ..
Finance Minister chairs GST Council Meeting
On December 18, 2019, Finance Minister Nirmala Sitaraman chaired the GST Council Meeting in New Delhi. The meeting was held to address the backdrop of falling collections for the current fiscal. Highlights For the first time, the council has used ..
Month: Current Affairs - December, 2019
7 December: GST Stakeholder Feedback Diwas
The central and state authorities organised GST (Goods and Services Tax) Stakeholder Feedback Diwas on 7 December 2019. The aim of organizing this event was to get an on-the-spot response and suggestion to the new system for filing GST Returns ..