➤ There are 2 breaking news are coming from now.
1.) Related to Indian GST SYSTEM and TAX.
2.) India's FOREIGN EXCHANGE RESERVES
1.) GST SYSTEM AND TAX ➞
You will get surprised to know that the India's more powerful and rich peoples are not paying their taxes and all sufficiently and these number of peoples are getting increase day by day. And the big news is that this thief is not in lakhs but this goes in thousands of crores.
➤ The breaking news is coming from the Economics Time is that the GST officers unearth over 35,000 crores in the financial year of 2020-21.
CBIS (Central Board of Indirect Taxes and Customs) had released the data that in the year of 2020-21 we have identify the fraud of 35,000 crores which approximate 4.5 B$. Well this is very high amount but just think at once that how many persons are getting use these offenders and by using loop holes how much money they had scroll down.
➤ CBIS had announce that in total 8000 cases they had arrested 426 peoples in allegation of GST fraud and in that some of are named CA, Directors of Well known Companies and some many known persons are involved.
2.) INDIAN FOREIGN EXCHANGE RESERVES ➞
➤ The breaking news is coming from the The Economics Time, The money Control is that the from 3 weeks ago 5 B$, from 2 week ago 1 B$ and in the last week which was completed along on 9th July there is a increment of 1.8 B$ in India's Foreign Exchange Reserves.
➤ Well this is the all time high value of India's FER since from the freedom or year of 1947. According to the report of the RBI this increment was due to FCA ( Foreign Currency Assets) and Gold assets. That means in only 3 weeks India's Foreign Exchange Reserves was increased by 8 B$ which was life time high value. If we compare it with the other some countries than...........
➤ 1.) Russia has 593 B$
➤ 2.) Israel has 200 B$
➤ 3.) Bangladesh has 46 B$
➤ 4.) Pakistan has 17 B$.