GS3Technology, economic development, biodiversity, environment, security and disaster management
Government budgeting
Syllabus: Government Budgeting.
Current affairs on this topic 2
- One year of two-slab GST: Finance Minister cites a wider base and higher collections 5 October 2026
Rates were cut, yet collections rose 11.6%. Is that proof the reform worked, or simply the government's own scorecard?
- PAC flags ₹9,222 crore of cess collections not moved to their reserve funds in 2024-25 9 September 2026
A cess is collected for one purpose. So why did ₹9,222 crore of it never reach the funds meant for that purpose?
Background from the reference shelf
Previous-year questions 2
- 2020 · GS3 · 15 marks Explain the rationale behind the Goods and Services Tax (Compensation to States) Act of 2017. How has COVID-19 impacted the GST compensation fund and created new federal tensions?
- 2019 · GS3 · 10 marks Enumerate the indirect taxes which have been subsumed in the Goods and Services Tax (GST) in India. Also, comment on the revenue implications of the GST introduced in India since July 2017.