When the Swachh Bharat Abhiyan campaign was launched by our Prime Minister to clean the streets, roads and infrastructure across India, several skeptics claimed that this campaign was just a case of “old wine in a new bottle”.
The first in our series of success stories features the successful implementation of sanitation projects under Swachh Bharat Mission in the states of Andhra Pradesh, Punjab and Sikkim.
Hello… as you must have read by now in our previous articles, GST is all about simplifying the complicated maze of the indirect tax structure, rates, administration and compliance requirements. Let us see how GST goes about simplifying the complicated structure which it replaces.
In the fourth article of our series on GST, we will explain the situations under which registration under GST is mandatory. As you will recall from the previous articles, under GST as a general rule, a person whose turnover exceeds Rs.20 Lakhs (10 Lakhs in special category states) need to take registration under GST.
In the third article of the series on GST, we will tell you about GSTN. The Goods and Services Tax Network (GSTN) is a not-for-profit, non-government company promoted jointly by the Central and State Governments, which will provide shared IT infrastructure and services to both central and state governments including tax payers and other stakeholders.
As you would know, GST is a dual levy with the Centre and States simultaneously levying tax on a common tax base. GST levied by the Centre on intra-State supply of goods or services would be called the Central Tax, while GST levied by the States and Union Territories would be called the State Tax/UT Tax respectively.
The Current Indirect tax regime is quite complex. Central and State Governments levy a large number of taxes such as Central Excise duty, Service Tax, VAT, Purchase Tax, Central Sales Tax, Entry Tax, Local Body Taxes, Octroi, Luxury Tax, etc.
Driving the dual agenda of Swachh Bharat and Smart Cities, sustainable waste management startup, Banyan Sustainable Waste Management Pvt. Ltd. (“Banyan Nation”), incubated at T-Hub Foundation (“T-Hub”), has been announced as the grand winner of the Intel & DST Innovate for Digital India Challenge 2.0 (Challenge 2.0).
India Post Payments Bank (IPPB) has been set up with a vision to provide a platform to the nation for simple, safe and secure payments banking solutions. It’s a bank for the people, and that’s why people need to form an integral part of its DNA.
