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Why in the news? November 2024 GST collections rose 8.5% YoY to ₹1.82 trillion, reflecting festive-driven demand. However, collections were slightly below October’s ₹1.87 trillion, highlighting uneven regional performance and potential economic recovery concerns for upcoming months. About the GST Collections in November 2024: GST collections for November 2024 reached ₹1.82 trillion, an 5% year-on-year …
Read MoreWhy in the news? The PAN 2.0 Project, approved by the CCEA, modernizes taxpayer registration services with technology-driven processes, aligning with the Digital India vision for streamlined and efficient governance. Overview: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the PAN 2.0 Project for the Income Tax Department. The …
Read MoreWhy in the news? PM Modi commemorates tribal leader Birsa Munda’s 150th birth anniversary in Bihar, inaugurating projects worth ₹6,600 crore to uplift tribal communities and improve rural infrastructure. PM Modi to Visit Bihar for Janjatiya Gaurav Divas: Prime Minister Narendra Modi will be in Jamui, Bihar, today to commemorate Janjatiya Gaurav Divas, honouring the …
Read MoreSyllabus: GS 3: Government Policies and intetventions Why in the News? India’s exports have been under focus due to government initiatives such as the National Logistics Policy and the PM Gati Shakti Plan, aimed at reducing the high logistics costs and for improving efficiency. Introduction Transformation in the retail landscape is going on in India, …
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