GST Rate structure Subject :Economy Context: A Group of Ministers, under the convenorship of Chief Minister of Karnataka Basavaraj SomappaBommai, is going through rate reform exercise. Interim report- 3-rate structure by adopting 8, 15 and 30 per cent for revenue neutrality. Concept: Over 1,200 goods and services except those in negative list attract […]

    Telecom imports under lens Subject : Economy Context: The government will devise a methodology to check imports from neighboring nations that are non­compliant with trusted source rules of the telecom sector, Minister for Communications and IT Ashwini Vaishnaw said on Saturday. Concept: India imports most of its Telecom equipment from China, South Korea […]