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Goods and Services Tax (India) The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
An Act further to amend the Constitution of India. Officially known as The Constitution (One Hundred and First Amendment) Act, 2016, this amendment introduced a national Goods and Services Tax (GST) in India from 1 July 2017. [ 1] It was introduced as the One Hundred and Twenty Second Amendment Bill of the Constitution of India ,
Goods and Services Tax (India) Revenue Statistics. 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 ...
Punjab, Punjab (India) = PB Rajasthan = RJ Sikkim = SK Tamil Nadu, Tamizh Nadu = TN Telangana = TG Tripura = TR Uttarakhand = UK Uttar Pradesh = UP West Bengal = WB Union territories Andaman and Nicobar Islands = AN Chandigarh = CH Dadra and Nagar Haveli, Dadra & Nagar Haveli = DN Daman and Diu = DD Delhi, National Capital Territory of Delhi = DL
v. t. e. 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. [ 2]
States and unionterritories of Indiaordered by. The states of India are self-governing administrative divisions, each having a state government. The governing powers of the states are shared between the state government and the union government. On the other hand, the union territories are directly governed by the union government.
ISO 3166-2:IN is the entry for India in ISO 3166-2, part of the ISO 3166 standard published by the International Organization for Standardization (ISO), which defines codes for the names of the principal subdivisions (e.g., provinces or states) of all countries coded in ISO 3166-1 . Currently for India, ISO 3166-2 codes are defined for 28 ...
HDI is a composite index that takes into consideration health, education and income. The national average HDI for India in 2008 was 0.467. [ 1] By 2010, its average HDI had risen to 0.519. [ 2][ 3] UNDP, the sponsor of the Human Development Index methodology since 1990, reported India's HDI to be 0.554 for 2012, [ 4] an 18% increase over its ...