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GST is a consumption-based tax/destination-based tax, therefore, taxes are paid by the state where the goods or services are consumed not the state in which they were produced. IGST complicates tax collection for State Governments by disabling them from collecting the tax owed to them directly from the Central Government.
On 29 March 2017, CGST, IGST, UTGST and SGST compensation law passed in Loksabha [5] The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014 was introduced in the Lok Sabha by Finance Minister Arun Jaitley on 19 December 2014, and passed by the House on 6 May 2015.
Integrated Goods and Services Tax (IGST): tax for interstate sales. Goods and services are divided into five different tax slabs for collection of tax - 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST and instead are taxed separately by the individual state governments, as per the ...
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The minister of finance (Vitta Mantrī) (or simply, the finance minister, short form FM) is the head of the Ministry of Finance of the Government of India.One of the senior most offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government.
At the Second ASEAN-India Summit in 2003, the ASEAN-India Framework Agreement on Comprehensive Economic Cooperation was signed by the Leaders of ASEAN and India. The Framework Agreement laid a sound basis for the eventual establishment of an ASEAN-India Regional Trade and Investment Area (RTIA), which includes FTA in goods, services, and investment.
Kya Kehna (English: What to say?/ What can I say?) is a 2000 Indian Hindi-language romantic drama film directed by Kundan Shah.It was released on 19 May 2000. Kya Kehna dealt with the taboo issue of premarital pregnancy and society views on the same, and stars Preity Zinta in the central role as a single teenage mother, with Saif Ali Khan, Chandrachur Singh, Farida Jalal and Anupam Kher in ...
Abhijeet Bhattacharya (born 30 October 1958), professionally known as Abhijeet, is an Indian playback singer who primarily sings in the Hindi film industry. As well as Hindi, he has sung in his native language Bengali and in other languages including Marathi, Nepali, Tamil, Bhojpuri, Punjabi, and Odia, in both West Bengal and Bangladesh.