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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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This article is part of a series about Narendra Modi Prime Minister of India Incumbent Electoral history Public image Awards and honours Bibliography Chief Ministership Chief Minister of Gujarat 2002 2007 2012 Gujarat Council of Ministers First Second Third Fourth Premiership (Timeline) 2014 Prime ministerial candidacy Assassination attempt Campaign Achhe Din Aane Waale Hain 2019 Campaign Main ...
Andrea Riquier, USA TODAY Updated December 4, 2024 at 9:33 AM Homeownership has long been known as a tool for building wealth and lifting Americans into the middle class.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news. ... Producer Price Index News Release ...