July 2026 financial rule changes include the ITR filing deadline, free Aadhaar email update, and revised passport fees. Read the complete current affairs analysis, historical background, MCQs, FAQs, and key takeaways for UPSC, SSC, Banking, Railways, Defence, PSC, and other government exams. Introduction Several important financial and administrative changes have come into effect from 1…
Vivek Chaturvedi Appointed CBIC Chairman 2025, assuming charge on 1 December. Learn about his role, experience, and significance for GST, customs, and indirect tax administration in India. Vivek Chaturvedi Appointed as New CBIC Chairman — A Key Change in India’s Indirect Tax Leadership Appointment of New Leader at the Helm of Indirect Tax Administration The…
Robust Growth in Net Direct Tax Collection for FY 2023-24 Introduction to the Record Growth India has witnessed an impressive surge in its net direct tax collection for the financial year 2023-24, recording a growth of 16.45%. The total collection now stands at ₹15.82 lakh crore, marking a significant leap from the previous year. This…
Surge in GST Collections: October Sees 8.9% Year-on-Year Growth In October 2024, India witnessed a notable surge in Goods and Services Tax (GST) collections, which reached a remarkable ₹1.87 lakh crore. This represents an 8.9% increase compared to the same month last year. The growth in GST revenue is indicative of the robust economic recovery…
Strong Growth in GST Collections: December 2023 Records ₹1.65 Lakh Crore The Goods and Services Tax (GST) collections for December 2023 marked a significant upsurge, hitting a record high of ₹1.65 lakh crore. This notable increase, attributed to various factors, reflects a positive trend in the economy’s recovery post-pandemic. The surge in collections is a…
