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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 States Share Boundary with China?India, in total, shares land borders with 6 sovereign countries. China is one of those. Below are the Indian states which share borders with the country. 1. Jammu and Kashmir This northern state of India is mostly located in the Himalayan mountains. It shares a… Read More...
Which States Share Boundaries with Pakistan? There are four states that share a border with Pakistan, namely, Jammu and Kashmir, Punjab, Rajasthan, and Gujarat. The India Pakistan Border is quite intriguing. Since India has installed 1,50,000 flood lights on… Read More...
Which Places in India Still Largely Speak Sanskrit?Sanskrit is considered as Dev Bhasha, the language of Gods. It has a history of around 3500 years. It used to be a primary language of ancient India. Its earliest form Vedic Sanskrit, was prevalent from 1500 500 BCE. However, it is fading… Read More...



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