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8th August - The Hindu Editorial - Part-1(in Hindi)
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Subhodeep Das
Dream of Achieving Big l YouTube & Facebook : Subhodeep

Unacademy user
Please Make courses on Geography optional.
sir geography ncrt 11 &12 ka chahiye...
Subhodeep Das
a year ago
Roger that

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  4. End of an epoch M. Karunanidhi, 94: the end of an era His passing marks the end of an era in Tamil Nadu's politics, and leaves a political void S. UBHODEEP

  5. M.KARUNANIDHI (3 JUNE 1924-07 AUGUST 2018) five-time Chief Minister, and the longest serving legislator, winning 13 terms in the Assembly and not losing even once, Karunanidhi was the engineer of many of the progressive measures adopted by the State since Independence. UBHODEEP

  6. End of an epoch Pause, refresh: on the GST Council's focus on MSMEs The GST Council does well to focus on the concerns of small firms S. UBHODEEP

  7. The Goods and Services Tax Council met last Saturday for the second time within a fortnight. However, this time it refrained from further rate rejigs While the new indirect tax regime has expanded India's tax base and brought more firms into the formal economy, revenues have slipped somewhat after peaking at R1.03 lakh crore in April (for taxes accrued in March) this year. The first three months of this financial year have yielded 94,016 crore, *95,610 crore and 196,483 crore, respectively this is well short of the 1.lakh crore revenue target a month for 2018-19 S. UBHODEEP

  8. The steep rate cuts effected on several items in the last Council meeting were to kick in from July 27, so their full impact on revenue collections may take more time to unfold Moody's Investors Service reckons that the revenue loss from the most recent tax cuts may be 0.04-0.08% of GDP annually. This is marginal at best, and could be offset by stronger consumption led growth and better tax compliance. It is in this context of revenue concerns that the Council's dedicated focus at its latest meeting on issues facing micro, small and medium enterprises (MSMEs) is a creditable move. UBHODEEP

  9. Setting up a ministerial group to look into the problems faced by MSMEs since India moved to the GST regime last July is a signal that the government is not brushing aside the implementation issues that still trouble smaller players Firms with an annual turnover of less than registered taxpayers under the GST. 5 crore constitute 93% of the At its previous meeting, the Council had decided that such businesses need no longer file cumbersome returns every month, but only on a quarterly basis. UBHODEEP

  10. There may be more room for the ministerial panel to recommend further easing of compliance for micro firms with turnover far below 5 crore and enhancing the 150,000 threshold for mandatory use of e-way bills to track movement of taxable goods The Council meeting has also, wisely, returned to a consensual approach on decisions. While a few States had reservations about the rate cuts at the last meeting, this time their concerns on a proposal to push digital payments by offering a cash-back to consumers using RuPay cards or the UPI platform have been incorporated. UBHODEEP