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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 tax rates, rules and regulations are governed by the GST Council which consists of the finance ministers of the central government and all the states. The GST is meant to replace a slew of indirect taxes with a federated tax and is therefore expected to reshape the country's $3.5 trillion economy, but its implementation has received criticism.
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
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Two Indian chemical companies have been indicted for allegedly importing ingredients for the highly addictive opioid fentanyl into the United States and Mexico, the U.S. Department of Justice said ...
The release also faced complications following the Tamil Film Producers Council's strike following the double taxation issue; this was a protest against the 10% entertainment tax additionally over the 28% GST, with the last minute denial of censorship [clarification needed], after Animal Welfare Board of India denied NOC over the usage of few ...
Sosie Bacon, Kevin Bacon, Kyra Sedgwick, Travis Bacon and Angelina Sambrotto at the Los Angeles premiere of "A Complete Unknown" at Dolby Theatre on Dec. 10, 2024.
Lacoste is using AI tech Vrai to detect counterfeit returns. Return fraud costs retailers billions, with billions lost globally. Amazon and other retailers face scams exploiting return policies ...