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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] The GST replaced existing multiple taxes levied by the central and state governments. Also, to boost GST billing in India, the Government of ...
The committee submitted its report to the government in April 2008 and released its First Discussion Paper on GST in India in 2009. [2] Since the proposal involved reform/ restructuring of not only indirect taxes levied by the Central but also the States, the responsibility of preparing a Design and Road Map for the implementation of GST was ...
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [ 1 ] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty .
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.
The Directorate General of Goods and Service Tax Intelligence (DGGI) is a law enforcement agency under the Ministry of Finance responsible for fighting tax evasion in India. [1] It was founded in 1979 as the Directorate General of Anti-Evasion and was later renamed the Directorate General of Central Excise Intelligence.
4 Pochampalli Ikat: Handicraft Telangana: 2004–05 4 5 Salem fabric: Handicraft Tamil Nadu: 2004–05 5 7 Chanderi sarees: Handicraft Madhya Pradesh: 2004–05 6 8 Solapuri chaddar: Handicraft Maharashtra: 2004–05 7 9 Solapur Terry Towel: Handicraft Maharashtra: 2004–05 8 10 Kotpad handloom fabric: Handicraft Odisha: 2004–05 9 11 Mysore ...
List of State-wise Exporting SEZs (as on 31 March 2017) S. No. SEZ Name Location DC Name Type State Notification Date Notes 1: Visakhapatnam Special Economic Zone: Visakhapatnam: Vishakhapatnam Special Economic Zone: Multi Product: Andhra Pradesh: 15.03.1989: 2: Apache SEZ Development India Private Limited, Nellore: Tada Mandal, Nellore District
This is a list of Indian states and union territories by their per capita Net state domestic product (NSDP). NSDP is the state counterpart to a country's Net domestic product (NDP), which equals the gross domestic product (GDP) minus depreciation on capital goods. [1] [2]