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Defence exercise of indian Armed forces : INDIAN NAVY VARUN- 18 Participating Countries- India and France Indian Naval Ships Mumbai and Trikand participated in the 16th edition of ‘Exercise Varuna’ with the French Navy in the South Western Indian Ocean on 19th March 2018.The main focus was to exercise a number of evolutions aimed at enhancing interoperability were conducted which included, manoeuvres, cross deck flying and medium range gun firing. IN-BN CORPAT- 18 Participating Countries- India and Bangladesh This exercise was held from 27th June to 3rd July 2018 concluded at Visakhapatanam. Admiral Sunil Lanba, Chief of the Naval Staff inaugurated the first edition of Indian Navy - Bangladesh Navy Coordinated Patrol (CORPAT) on 27 June 2018, which is being instituted as an annual feature between the navies of both countries.The main event includes cross visits between participating units from both navies, training visit for BN personnel to INS Dega and Ship Handling ...

What is GST? ‘G’ – Goods ‘S’ – Services ‘T’ – Tax “Goods and Service Tax (GST) is a comprehensive tax levy on manufacture, sale and consumption of goods and service at a national level under which no distinction is made between goods and services for levying of tax. It will mostly substitute all indirect taxes levied on goods and services by the Central and State governments in India.GST is a tax on goods and services under which every person is liable to pay tax on his output and is entitled to get input tax credit (ITC) on the tax paid on its inputs(therefore a tax on value addition only) and ultimately the final consumer shall bear the tax”. Worldwide GST: France was the first country to introduce GST in 1954. Worldwide, Almost 150 countries have introduced GST in one or the other form since now. Most of the countries have a unified GST system. Brazil and Canada follow a dual system vis-à-vis India is going to introduce. In China, GST applies only to goods and the pr...