CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many crores Finance Minister Arun Jaitley announced GST earnings cross target in maiden month?
A
Rs 92, 283 crore
B
Rs 50, 000 crores
C
Rs 45, 000 crores
D
Rs 39, 000 crores
Explanation: 

Detailed explanation-1: -New Delhi: Goods and Services Tax collection for the month of July was recorded at ₹ 1, 48, 995 crore, which is 28 per cent higher as compared to the same month last year.

Detailed explanation-2: -Detailed Solution. The correct answer is Assam. On 12 August 2016, Assam became the first state to ratify GST Bill.

Detailed explanation-3: -The genesis of the introduction of GST in the country was laid down in the historic Budget Speech of 28th February 2006, wherein the then Finance Minister laid down 1st April, 2010 as the date for the introduction of GST in the country.

There is 1 question to complete.