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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 Biggest Rice Producer? West Bengal is the largest producer of rice in India. India is one of the largest… Read More...
Which is the Wettest Place in India Cherrapunji or Mawsynram? Mawsynram is the wettest place in India. For a considerable amount of time, Cherrapunji had occupied the position of… Read More...
Which state has the Highest Crude Birth Rate? Bihar has the highest crude birth rate in India. Crude Birth Rate is defined as the… Read More...