Telegram Group & Telegram Channel
๐Ÿ”† Goods and Services Tax (GST) :

โœ… Introduced - 101st Constitution Amendment Act, 2016
โœ… Slogan -  โ€˜One Nation One Taxโ€™.
โœ… Legislative Basis :
๐Ÿ”ธ๏ธIn India, GST Bill was first introduced in 2014 as The Constitution (122nd Amendment) Bill.
๐Ÿ”ธ๏ธThis got an approval in 2016 and was renumbered in the statute by Rajya Sabha as The Constitution (101 Amendment) Act, 2016.
โœ… Subsumed Indirect Taxes - Excise duty, Value Added Tax (VAT), Service tax, Luxury tax etc.
โœ… 4-Tier Tax Structure - 5%, 12%, 18% and 28%.
โœ… Components 4๏ธโƒฃ : Central GST (CGST), State GST (SGST), Union Territories GST (UTGST), and Integrated GST (IGST).

โญ•๏ธ The Goods and Services Tax Council :

โœ…๏ธ Constitutional body , Article 279A
โœ…๏ธ Secretariat - New Delhi
โœ…๏ธ Chairperson - The Union Finance Minister
โœ…๏ธ Members :
๐Ÿ”ธThe Union Minister of State in charge of Revenue or Finance
๐Ÿ”ธThe Minister in charge of Finance or Taxation or any other Minister nominated by each state government
โœ…๏ธ Vice -Chairperson - Council from the States have to choose one amongst themselves as the Vice-Chairperson of the Council.


#prelims_facts

Join @CSE_EXAM
๐Ÿ‘10๐Ÿ™2โค1



tg-me.com/CSE_EXAM/39690
Create:
Last Update:

๐Ÿ”† Goods and Services Tax (GST) :

โœ… Introduced - 101st Constitution Amendment Act, 2016
โœ… Slogan -  โ€˜One Nation One Taxโ€™.
โœ… Legislative Basis :
๐Ÿ”ธ๏ธIn India, GST Bill was first introduced in 2014 as The Constitution (122nd Amendment) Bill.
๐Ÿ”ธ๏ธThis got an approval in 2016 and was renumbered in the statute by Rajya Sabha as The Constitution (101 Amendment) Act, 2016.
โœ… Subsumed Indirect Taxes - Excise duty, Value Added Tax (VAT), Service tax, Luxury tax etc.
โœ… 4-Tier Tax Structure - 5%, 12%, 18% and 28%.
โœ… Components 4๏ธโƒฃ : Central GST (CGST), State GST (SGST), Union Territories GST (UTGST), and Integrated GST (IGST).

โญ•๏ธ The Goods and Services Tax Council :

โœ…๏ธ Constitutional body , Article 279A
โœ…๏ธ Secretariat - New Delhi
โœ…๏ธ Chairperson - The Union Finance Minister
โœ…๏ธ Members :
๐Ÿ”ธThe Union Minister of State in charge of Revenue or Finance
๐Ÿ”ธThe Minister in charge of Finance or Taxation or any other Minister nominated by each state government
โœ…๏ธ Vice -Chairperson - Council from the States have to choose one amongst themselves as the Vice-Chairperson of the Council.


#prelims_facts

Join @CSE_EXAM

BY CSE EXAM ( UPSC prelims mains) CAPF


Warning: Undefined variable $i in /var/www/tg-me/post.php on line 283

Share with your friend now:
tg-me.com/CSE_EXAM/39690

View MORE
Open in Telegram


CSE EXAM UPSC prelims mains Telegram | DID YOU KNOW?

Date: |

Why Telegram?

Telegram has no known backdoors and, even though it is come in for criticism for using proprietary encryption methods instead of open-source ones, those have yet to be compromised. While no messaging app can guarantee a 100% impermeable defense against determined attackers, Telegram is vulnerabilities are few and either theoretical or based on spoof files fooling users into actively enabling an attack.

That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.

CSE EXAM UPSC prelims mains from us


Telegram CSE EXAM ( UPSC prelims mains) CAPF
FROM USA