World Bank Archives - Meitei.Org

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55% Of All New Bank Accounts In The World Opened From India

55% Of All New Bank Accounts In The World Opened From India

The World Bank has recognized India’s financial inclusion efforts. World Bank Global Findex Report data indicates 55% of new bank accounts opened globally are from India. This has been written in a tweet by Financial Services Secretary Rajiv Kumar. He also shared that the World Bank report, which was released on Friday, also shared about

By Staff Reporter|2018-04-22T02:39:02+05:30April 22nd, 2018|Categories: Featured, India|Tags: Bank Account, Financial Services Secretary, India, Jan Dhan Yojana, World Bank, World Bank Global Findex|0 Comments

GST – The Most Complex Tax Structure: The World Bank

GST – The Most Complex Tax Structure: The World Bank

As per a report shared by the Word Bank, GST is having the second highest tax rate in the world. This is the most complex tax structure among 115 countries having a similar sort of indirect tax structure. There are several exempted sales in GST structure and also few exports are rated to zero tax,

By Staff Reporter|2018-03-16T00:59:24+05:30March 16th, 2018|Categories: Featured, India|Tags: Arun Jaitley, Goods and Service Tax, GST, indirect tax structure, World Bank|0 Comments