Skip to main content

Notes on GST by Garhwal Sir for Airforce Phase2

Don't raise your voice, improve your
Arguments.

GST stands for good and service tax. It was implemented on 1 july 2017. Implementation of gst will be one of the biggest econimic reform in our country.gst is a integrated tax that replaced all the indirect taxes like excise duty,custom tax,entertainment tax etc.as before implementation of Gst various taxes are levied on product on diffrent levels for eg. If a product has to be transported from one state to another state than states own taxes are levied on the product which result in the overall increase in the cost of the product.GST will replace these loop holes in our economy .after gst implemetation there is a commom tax structure all over the country and tax will be levied only at the final destination of the product . this will simpify the overall tax structure of our economy which in resutls will attract investors to invest in our country which will boost investment and economic growth of our country. Gst is also considered as a transparent and tax free system which which will boost business and trade in our country .as a single tax in now levied on the goods and services it will also decrese the overall cost of the products and services.

Comments

Post a Comment

Thanks for showing interest. Join on Telegram Search airforcestudy on Telegram App.

Popular posts from this blog

Circulatory System Byju pdf

Circulatory system "Circulation means" anything which moves around. The system that contains the heart and the blood vessels and moves blood throughout the body . This system helps tissues get enough oxygen and nutrients, and it helps them get rid of waste products. Circulatory system is of two types  1. open circulatory system-  where there is no blood vessels involved ex- cockroach and 2. closed circulatory system like human being where blood vessels supplies the blood to other organs. This system consists 3 organs 1. blood  2.blood vessels  And most important 3. heart Blood vessels are further divided into two parts  1. arteries 2.veins The discovery of blood circulation system was done by William Harvey. Points to remember: Biological term of the heart is ‘Cardio’. Doctor Who study heart is called cardiologist our heart consist four Chambers  And is of a size of closed fist Atrium are the upper parts and ventricles are there a lower parts heart. It rema...
Post a Comment
Read more

What is a constitution ? Discuss its need.

Constitution is a set of document written or unwritten by which governance of a country can be carried out. Need of the Constitution: 1. It brings together people from different groups such as religion, society, philosophy etc. 2. It set the basic structure of the governing machinery of the country such as Legislature, Executive and Judiciary and maintain thier balacne. 3. It defines the power of the government and set limit to it extent. 4. It provide a basic set of rights to the citizens against the tyranny of the government, in order to bring wholesome psycho-social development of the people. 5. It provides the bedrock platform for the democracy to thrive, which is in essence is very basic need to have the constitution. Thus, constitution is very much needed for justice, liberty, equality, fraternity, freedom, ideals which are enshrined in the preamble of the Indian constitution.
Post a Comment
Read more

Aatm Nirbhar Bharat Short notes for Group Discussion

On 12 May 2020, the Prime Minister of India, Mr Narendra Modi announced a special economic package of Rs 20 lakh crores ( equivalent to 10% of India GDP ) with the aim of making country independent against that tough competition in the Global supply chain and to help in empowering the poor labourers and migrants who have been adversely affected by covid pandemic. The economic package benefit all section of the society from migrants labourers to big business. Definition of MSME is changed by amending the micro small and medium enterprises development Act 2006 and new criteria of annual turnover introduced. New tag lines such as vocal for local has been introduced.  Aatm nirbhar Bharat stands on five pillars of self reliant India   Aatm nirbhar Bharat campaign was launched by our Prime Minister Narendra Modi for making India self reliant Nation it has launched during the announcement of the coronavirus pandemic related economic package in my 2020. it would play an important...
Post a Comment
Read more