Inflation Is Driving GST Revenue Rise
Context: As per the recent SBI research, High inflation is driving about 8% of the current surge in Goods and Services Tax revenues, and inflation adjusted GST collections so far this year are 26% higher than pre-COVID level. Relevance: GS III- Indian Economy Dimensions of the Article: Key Points What is GST? Goods and Services […]
PIB Summaries 05 August 2022
CONTENTS: India–Mauritius CECPA DRDO successfully test fires indigenously developed laser-guided ATGMs India–Mauritius CECPA Focus: GS-II: International Relations Why in news? India and Mauritius held the 1st session of India-Mauritius High-Powered Joint Trade Committee on 01-03 August 2022 in New Delhi. Key Points: The High-Powered Joint Trade Committee had been constituted as per the mandate of the […]
Current Affairs 05 August 2022
CONTENTS: Inflation is driving GST revenue rise 1.5°C warmer world to be catastrophic for India CJI Ramana recommends Justice Uday Umesh Lalit as his successor Rare earth elements Inflation is driving GST revenue rise Context: As per the recent SBI research, High inflation is driving about 8% of the current surge in Goods and Services […]