Overall, GST being evaded has been rising sharply, but recovery has failed to keep pace. Maharashtra is epicentre of GST evasion, with outsized share in both absolute & relative terms.
GST was first introduced in India on 1 July, 2017. But tax experts now call for key reforms, such as setting up tribunals for appeals and including petroleum products in the regime.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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