National News
1.Two years of GST: Testing of new returns system starting today, will be applicable from October:-
With the slogan ‘One country, one tax’ two years ago, the goods and services tax (GST) was launched today. GST has crossed the initial constraints and stays towards stability and stability, but the simplified returns, exporters are yet to overcome the challenges of quick refund and real estate and petroleum products to be brought under the purview of this indirect tax system.
On the second anniversary of GST, the government is going to start a new system of return system from Monday and move on to this direction. The Finance Ministry issued a statement on Sunday and said that the implementation of GST has not happened in the first months without challenges. These challenges were faced firmly with the cooperation of trade and industry and the GST has now become stable.
The ministry has termed these two years as a growing and growing opportunity to grow together with GST. Since the implementation of GST, 17 indirect taxes of the Central and the States have been exhausted. When Prime Minister Modi inaugurated it from the Central Hall of Parliament by ringing it, it was called Good and Simple Tax. As of May this year 1.35 crore ABCs have been registered in GST, out of which 17.74 lakhs have taken the composition scheme.
GST new tax system will be implemented from October 1
The GST Council, headed by the Union Finance Minister, played an important role in implementing GST. The Council has made more than one thousand decisions by meeting 35 meetings, but till now no need to vote in this time. The third year of GST will be very important. The trial of the new tax system is starting from Friday and it will be effective from October 1.
GST when on petroleum products?
During the period from July 2017 to May 2019, only six months have passed when the GST collection crossed one lakh crore rupees. Even in the current financial year so far the collection is not as expected. In such a case, the Center and states will have to take concrete steps to prevent the theft of GST. There will be a challenge to bring those products to GST, which is currently out of the scope The power of entertainment tax is with the local bodies, while the states have the right to impose tax on alcohol. At the same time, GST Council has to decide on how to implement GST on petroleum products.
2.BSES Launches Energy Saving App:-
BSES Yamuna Power Limited (BYPL) tied up with several private organisations to launch a slew of initiatives including a ‘behavioural energy saving app’ to reduce electricity consumption.The app ‘SustHome’ developed by BYPL and TERI to bring about a behavioural change in how consumers use electricity. It will track energy consumption patterns.The power discom selected cooperative housing societies such as Mayur Vihar to use the app. The initiative will be scaled up to cover over two lakh residential consumers in the second phase.The app will guide enlisted consumers in reducing their energy consumption, carbon footprint and electricity bills by influencing their behavioural patterns.It will also provide customized solutions to make all such units energy-efficient.The main aim is to save around 72 million units (MUs) and help consumers save up to 10% in energy bills.
International News
3.NASA announces ‘Dragonfly’ mission to explore Saturn’s moon, Titan:-
The US space agency NASA announced that it will launch a spacecraft in 2026 to explore the richly organic world of Titan.A rotorcraft called ‘Dragonfly’ will arrive at the Saturn’s moon in 2034, looking for prebiotic chemical processes common on both Titan and Earth.It may lend clues to how life may have arisen on Earth.Titan is the second largest moon in the solar system and is an icy world whose surface is completely obscured by a nitrogen-based golden atmosphere, four times denser than Earth’s.
Business News
4.PNB’s service will now be paid for the price, first it was free:-
Punjab National Bank will get a service from home on Monday for getting the services of door-step service. Bank offers this facility to Divyang and account holders over 70 years, but till now the facility was free. Banks can provide door-step banking facilities for such customers, who can not withdraw or deposit money by visiting the bank branch. Punjab National Bank is providing this facility, so far this facility is free.
The bank has shocked customers taking this facility. Now the bank has decided that the service charge will be charged on it. The bank has clarified that 60 rupees for non-financial transactions and 100 rupees for financial transactions will be charged. At the same time, GST will also be taken at this facility. The bank’s General Manager, Naveen Kumar, has issued instructions to all the officers by issuing orders to the authorities in this regard.
Sport News
5. Kohli Becomes The Fastest Cricketer To Score 20,000 International Runs:- 
Virat Kohli becomes the fastest cricketer to score 20,000 international runs.The 417 innings to reach the milestone and bettered the time taken by legends such as Sachin Tendulkar and Brian Lara.India captain reached the milestone the score of 37 in India’s 6th match in World Cup tournament against West Indies.He scored 18,963 runs in international cricket before the innings and needed a further 37 to reach the 20,000 run mark.He has 416 innings (131 Tests, 223 ODIs and 62 T20Is).
