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Major News and Events of 01 July 2017

What Happened on 01 July 2017


01 July 2017 Current Events 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.


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 is the Coldest Place in India?Drass is the coldest place in India. The town is located in Jammu and Kashmir's Kargil District. It falls on NH 1 between Kargil town and Zoji La pass. It is famously called the 'the Gateway to Ladakh'. The climate here is of mediterranean continental… Read More...
Which is the Only Indian State That Was a Separate Country?Sikkim was once an independent country before India claimed it on May 16, 1975. Before that, it was a monarchy and was ruled by Chogyals (kings). The last Chogyal of Sikkim was Palden Thondup Namgyal. He had interests in keeping Sikkimas an independent unit, just… Read More...
What are the Major Earthquakes, Tsunamis, and Floods Happened in India in the 21st Century?India has had a large number of calamities over the period of time. There have been many in the 21st century itself. Let's discuss the major earthquakes, floods, and tsunamis in the country which claimed thousands of lives and caused huge losses of property. There… Read More...



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