Services Tax  

India's middle class is estimated to have grown dramatically over the last few decades, with many families moving from poverty to the middle class. This rise has been aided by policies set forth by the government to ensure that people have access to the resources they need to make the necessary changes to their lifestyle.

Late Arun Jaitley will be remembered as the finance minister, who brought India under one unified indirect tax regime by introducing Goods and Services Tax (GST) and other significant economic reforms. As the day marks the presentation of Union Budget 2020, let's look at key economic reforms introduced by former finance minister.

Chief minister Kumaraswamy sought more time to discuss the matter with Congress as this is a coalition government.

In 2018, the Chinese economy is estimated to have grown by 6.5 per cent as against India's 7.3 per cent . In 2017, China with 6.9 per cent growth was marginally ahead of India's 6.7 per cent , mainly because the slowdown in the Indian economy due to demonetisation and implementation of the Goods and Services Tax (GST), the report said.

Across road, rail, air, and water, Prime Minister Narendra Modi has tried to condense the country into a closely interwoven mesh and India, no doubt, has made significant progress in planning and executing connectivity programmes

According to the World Bank's data on gross domestic product (GDP) of countries for 2017, India has recorded a GDP of $2,597,491 million, followed by $2,582,501 of France