Challenges of India’s GST rate structure
“COMPLEX GST”:
C - Complex Classifications
• Example: Different tax rates for popcorn based on whether it’s salted, pre-packaged, or sugar-mixed.
O - Overlapping Distinctions
• Example: Tax differences between cream buns and regular buns, or frozen parathas and rotis.
M - Multiple Tax Slabs
• Example: India has four or more GST slabs compared to most countries with one or two rates.
P - Power (Discretionary) of Bureaucrats
• Example: Excessive authority due to the system’s intricacy, leading to potential misuse.
L - Lack of Uniformity
• Example: Different rates across similar products create confusion for businesses and consumers.
E - Ease of Doing Business Affected
• Example: Complex tax structures make compliance more challenging for enterprises.
X - Excessive Compliance Burden
• Example: Businesses struggle to navigate and adhere to varied tax rates and regulations.
G - Global Comparisons Unfavorable
• Example: India’s multiple tax slabs are out of sync with simpler global systems.
S - Systemic Inefficiencies
• Example: Complexity hampers the overall efficiency and implementation of GST.
T - Taxpayer Confusion
• Example: Ambiguities and distinctions leave taxpayers unclear about applicable rates.
“COMPLEX GST”:
C - Complex Classifications
• Example: Different tax rates for popcorn based on whether it’s salted, pre-packaged, or sugar-mixed.
O - Overlapping Distinctions
• Example: Tax differences between cream buns and regular buns, or frozen parathas and rotis.
M - Multiple Tax Slabs
• Example: India has four or more GST slabs compared to most countries with one or two rates.
P - Power (Discretionary) of Bureaucrats
• Example: Excessive authority due to the system’s intricacy, leading to potential misuse.
L - Lack of Uniformity
• Example: Different rates across similar products create confusion for businesses and consumers.
E - Ease of Doing Business Affected
• Example: Complex tax structures make compliance more challenging for enterprises.
X - Excessive Compliance Burden
• Example: Businesses struggle to navigate and adhere to varied tax rates and regulations.
G - Global Comparisons Unfavorable
• Example: India’s multiple tax slabs are out of sync with simpler global systems.
S - Systemic Inefficiencies
• Example: Complexity hampers the overall efficiency and implementation of GST.
T - Taxpayer Confusion
• Example: Ambiguities and distinctions leave taxpayers unclear about applicable rates.
🔆La Niña?
✅La Niña is a phase of the El Niño-Southern Oscillation (ENSO) that occurs when sea surface temperatures in the eastern and central Pacific Ocean become cooler than usual.
✅It is the opposite of El Niño, which brings warming in the same region. Both phases significantly influence global weather patterns.
🔆How La Niña Affects Global Climate?
✅India: Promotes normal to above-normal monsoon rainfall, leading to better agricultural yields.
✅Africa: Causes drought-like conditions in certain regions.
✅Atlantic Ocean: Intensifies hurricanes.
✅United States: Southern states receive increased rainfall during La Niña.
📍La Niña and India’s Climate
Winter Effects:
✅Colder Winters: La Niña winters tend to bring colder nights in northern India but with slightly higher daytime temperatures.
✅Wind Speed and Pollution:
Higher Wind Speeds help disperse air pollution, improving air quality.
✅Lower Planetary Boundary Layer Height (PBLH) may trap pollutants closer to the ground, worsening pollution.
#geography
✅La Niña is a phase of the El Niño-Southern Oscillation (ENSO) that occurs when sea surface temperatures in the eastern and central Pacific Ocean become cooler than usual.
✅It is the opposite of El Niño, which brings warming in the same region. Both phases significantly influence global weather patterns.
🔆How La Niña Affects Global Climate?
✅India: Promotes normal to above-normal monsoon rainfall, leading to better agricultural yields.
✅Africa: Causes drought-like conditions in certain regions.
✅Atlantic Ocean: Intensifies hurricanes.
✅United States: Southern states receive increased rainfall during La Niña.
📍La Niña and India’s Climate
Winter Effects:
✅Colder Winters: La Niña winters tend to bring colder nights in northern India but with slightly higher daytime temperatures.
✅Wind Speed and Pollution:
Higher Wind Speeds help disperse air pollution, improving air quality.
✅Lower Planetary Boundary Layer Height (PBLH) may trap pollutants closer to the ground, worsening pollution.
#geography
🔆Manganese:
✅Manganese is the fifth-most abundant metal on earth that exists in the form of oxides, carbonates and silicates.
✅It is present in water, soil and rock as a naturally occurring component.
Properties
✅It is too brittle to be of much use as a pure metal. It is mainly used in alloys, such as steel.
✅Its minerals are widely distributed, with pyrolusite (manganese dioxide) and rhodochrosite (manganese carbonate) being the most common.
✅It somewhat resembles iron in general chemical activity.
✅It oxidizes superficially in air and rusts in moist air.
✅It is obtained by reducing the oxide with sodium, magnesium or aluminium, or by the electrolysis of manganese sulfate.
✅Its ores are primarily found in Australia, South Africa, China, Gabon and Brazil.
✅It is essential for the growth of plants and is also involved in the assimilation of nitrates in plants and algae.
#gs3
#prelims
#science_technology@thegameoftoppers
✅Manganese is the fifth-most abundant metal on earth that exists in the form of oxides, carbonates and silicates.
✅It is present in water, soil and rock as a naturally occurring component.
Properties
✅It is too brittle to be of much use as a pure metal. It is mainly used in alloys, such as steel.
✅Its minerals are widely distributed, with pyrolusite (manganese dioxide) and rhodochrosite (manganese carbonate) being the most common.
✅It somewhat resembles iron in general chemical activity.
✅It oxidizes superficially in air and rusts in moist air.
✅It is obtained by reducing the oxide with sodium, magnesium or aluminium, or by the electrolysis of manganese sulfate.
✅Its ores are primarily found in Australia, South Africa, China, Gabon and Brazil.
✅It is essential for the growth of plants and is also involved in the assimilation of nitrates in plants and algae.
#gs3
#prelims
#science_technology@thegameoftoppers
Gaia BH3 - Massive Black Hole:
✍️ Astronomers have discovered a massive Black Hole in our Galaxy, named “Gaia BH3”.
✍️ It’s the 2nd-closest known Black hole to Earth. It is 33 times heavier than the sun and the most massive black hole of stellar origin in the Milky Way, surpassing Cygnus X-1.
✍️ Stellar black holes are formed as a result of the collapse of a single star.
✍️ Black holes are extraordinarily dense objects with gravity so strong that not even light can escape, making it difficult to spot them.
✍️ They are formed when a massive star collapses in on itself at the end of its life, creating an incredibly dense object with a gravitational pull that is so strong that it warps space-time around it.
✍️ Supermassive Black Hole masses ranging from millions to billions of times that of the sun, found at the centres of most galaxies including our own Milky Way galaxy.
L
✍️ Astronomers have discovered a massive Black Hole in our Galaxy, named “Gaia BH3”.
✍️ It’s the 2nd-closest known Black hole to Earth. It is 33 times heavier than the sun and the most massive black hole of stellar origin in the Milky Way, surpassing Cygnus X-1.
✍️ Stellar black holes are formed as a result of the collapse of a single star.
✍️ Black holes are extraordinarily dense objects with gravity so strong that not even light can escape, making it difficult to spot them.
✍️ They are formed when a massive star collapses in on itself at the end of its life, creating an incredibly dense object with a gravitational pull that is so strong that it warps space-time around it.
✍️ Supermassive Black Hole masses ranging from millions to billions of times that of the sun, found at the centres of most galaxies including our own Milky Way galaxy.
L
SPADEX Mission
—The SpaDeX is a groundbreaking mission by the Indian Space Research Organisation (ISRO) aimed at developing autonomous space docking technology.
—Developed by Vikram Sarabhai Space Centre (VSSC).
—The mission involves PSLV-C60 as the launch vehicle to demonstrate in-space docking technology using two small spacecraft: Chaser (SDX01) and Target (SDX02).
— It will have a 470 km circular orbit at a 55-degree inclinati
—The SpaDeX is a groundbreaking mission by the Indian Space Research Organisation (ISRO) aimed at developing autonomous space docking technology.
—Developed by Vikram Sarabhai Space Centre (VSSC).
—The mission involves PSLV-C60 as the launch vehicle to demonstrate in-space docking technology using two small spacecraft: Chaser (SDX01) and Target (SDX02).
— It will have a 470 km circular orbit at a 55-degree inclinati
Year-end Review 2024: Ministry of Environment, Forest and Climate Change
✅ India achieved Milestone of Planting 102 Crore Trees Under 'Ek Ped Maa Ke Naam' Campaign, aiming for 140 Crore by March 2025
✅Ministry notified the Eco-mark Rules on 26th September, 2024
✅National Clean Air Programme (NCAP) hit Milestones: 40% PM Reduction in 23 Cities, ₹11,200 Crore fund allocated for Pollution Control; PRANA Portal launched for Real-Time Air Quality Monitoring.
#prelims #mains #Yearreview
✅ India achieved Milestone of Planting 102 Crore Trees Under 'Ek Ped Maa Ke Naam' Campaign, aiming for 140 Crore by March 2025
✅Ministry notified the Eco-mark Rules on 26th September, 2024
✅National Clean Air Programme (NCAP) hit Milestones: 40% PM Reduction in 23 Cities, ₹11,200 Crore fund allocated for Pollution Control; PRANA Portal launched for Real-Time Air Quality Monitoring.
#prelims #mains #Yearreview
Perfect example of staying connected with roots ❤️.
You can connect it with #GS4 : Human values topic :: example of humility, gratitude , self awareness.
Join https://t.me/thegameoftoppers
You can connect it with #GS4 : Human values topic :: example of humility, gratitude , self awareness.
Join https://t.me/thegameoftoppers
🎯 UPSC Prelims Rapid Revision Program - Free Access for 1 Week!
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- Subject-specific memory hacks
- Complete syllabus coverage
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Limited time offer - Don't miss this opportunity to transform your UPSC preparation.
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🔳 Odisha will be the theme state in the International Surajkund Fair
◼️It has been formally announced by the Haryana Tourism Department
◼️ Odisha has been made the theme state for the second time
The Surajkund International Fair is held every year near the Surajkund Lake in the Aravalli valleys.
◼️ The first fair was organized in 1987
◼️ Even before this, Odisha had been the theme state of Surajkund Mela in 1993
#UPSC #PSC #prelims #currentaffairs #art_and_culture
◼️It has been formally announced by the Haryana Tourism Department
◼️ Odisha has been made the theme state for the second time
The Surajkund International Fair is held every year near the Surajkund Lake in the Aravalli valleys.
◼️ The first fair was organized in 1987
◼️ Even before this, Odisha had been the theme state of Surajkund Mela in 1993
#UPSC #PSC #prelims #currentaffairs #art_and_culture
Dear Students,
First Rapid revision class will be conducted today at 7:30 PM.
Subject:- Geography
Sub topic:- Geomorphology
Zoom Link for the class will be shared in the group.
Telegram group:- https://t.me/+5SmN4Vv1mcFkNTRl
First Rapid revision class will be conducted today at 7:30 PM.
Subject:- Geography
Sub topic:- Geomorphology
Zoom Link for the class will be shared in the group.
Telegram group:- https://t.me/+5SmN4Vv1mcFkNTRl
Telegram
GOT - Rapid Revision
Akshu invites you to join this group on Telegram.