Topic: Indian Economy/Taxation Q6. Examine the Goods and Services Tax (GST) reform in India in terms of challenges faced and the need for further changes. (150 Words) Difficulty level: Moderate Reference: HT Why the question? Goods and Services Tax (GST) completes 7 years Key Demand of the question: Analyze the challenges faced by GST reform …
Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. Goods and Services Tax (GST) has brought significant benefits to the Indian economy. However, it also faces several limitations. Analyse. (250 words) Difficulty level: Moderate Reference: The Hindu , Insights on India Why the question: Revenues from the Goods and …
Insights IAS UPSC CURRENT AFFAIRS – 6 June 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …
Context: The Central Board of Indirect Taxes & Customs (CBIC), operating under the Department of Revenue, Ministry of Finance, has issued an invitation for stakeholders to provide input on the draft ‘Central Excise Bill, 2024’ by June 26, 2024. The Central Excise Bill, 2024 aims to enact a comprehensive modern central excise law repealing old and …
Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment 6. Critically examine the performance of the present goods and services tax (GST) regime in the first five years since its inception and suggest possible reforms. (250 words) Difficulty level: Easy Reference: Indian Express Why the question: India’s goods and …
Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. 4. What are the various issues with respect to goods and services tax (GST)? Do you think that petroleum products should be included under GST? Critically Examine. (250 words) Difficulty level: Moderate Reference: Insights on India Why the …
Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. 5. Do you think that petroleum products should be included under the goods and services tax (GST)? Critically Examine. (250 words) Difficulty level: Moderate Reference: The Hindu Why the question: The GST Council might on Friday consider taxing …
