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  1. Govt bans 59 Chinese apps including TikTok SHAREit due to LAC tension
  2. Maharashtra Government suspends Chinese projects worth Rs 5000 crore
  3. Covid-19 - India tally crosses 3.6 lakh with 12881 new cases last 24 hours
  4. Indian Railways scraps contract with Chinese firm
  5. BSNL MTNL and private companies to ban all Chinese deals and equipment
  6. In violent face-off with China in Galwan valley Ladakh India losed her 20 soldiers
  7. Vijay Mallya's News
  8. Kajol turned 45
  9. Proposal to remove Article 370 from Jammu Kashmir presented
  10. Why we celebrate Ganesh Chaturthi?
  11. PM Modi welcomed Nepalese PM Sher Bahadur Deuba at Rashtrapati Bhawan
  12. Brother of ousted Pakistani PM Nawaz Sharif seen as successor
  13. Ahmed Patel has no chance of winning Rajya Sabha polls
  14. Presidential elections: Ram Nath Kovind garners over 65 per cent votes
  15. Little change for online shoppers after tax regime: GST rollout
  16. President Pranab Mukherjee, PM Modi Launch Indias Biggest Tax Reform
  17. 10.8 Dollar Billion Plane Order of Air India From 2005 To Be Investigated
  18. Ten Most things UP CM Yogi Adityanath did during his first week in office
  19. Dad to Yogi Adityanath- Women in burqa too voted for you, respect all religions
  20. Arun Jaitley says, Hoping to implement GST from July 1

Quotes


 

President Pranab Mukherjee, PM Modi Launch Indias Biggest Tax Reform

Posted Date :   01 July 2017 04:23:43 PM  

Goods and Services Tax (GST), India's biggest tax reform, was launched at midnight at Parliament's historic Central Hall, by President Pranab Mukherjee and Prime Minister Narendra Modi. With the stroke of the gong, current tax rates are replaced by GST rates. It is the fourth time since Independence that an event was held there at midnight. The last three celebrated India's Independence and that is among the reasons that the Congress had listed for boycotting the GST launch. Several other opposition parties too stayed away. GST, which replaces a slew of indirect taxes with a unified tax, is set to dramatically reshape the country's 2 trillion dollar economy.

 

source - internet

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