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Major News and Events of 01 July 2017

What Happened on 01 July 2017


GST comes into force after mid-night launch

According to reports, Goods and Service Tax' (GST), India's biggest tax reform since independence, came into force last night. This brings the entire country under single taxation system. GST was launched by President Pranab Mukherjee and Prime Minister Narendra Modi at a special function in Central Hall of Parliament.

$500,000 contribution by India to UN Peacebuilding Fund

According to reports, India has contributed five lakh US Dollars to the UN Peace Building Fund. India has been a Member of the Peace Building Commission since its inception in December 2005 and has so far contributed five million US Dollars to the Peace building Fund. The fresh contribution of five lakh US Dollars to the fund will be effected over the coming days.




FAQs and Answers on Indian History and Geography
Which State is the Largest Tea producer? Assam is the largest producer of tea in India. India is one of the largest producers of tea… Read More...
Which State is the Largest Mica Producer? Andhra Pradesh is the largest producer of mica in India. For over hundred years, India… Read More...
Which State is Biggest Rice Producer? West Bengal is the largest producer of rice in India. India is one of the largest… Read More...