GS3 › Indian Economy

Revision note: External Sector, Taxation and Reforms

Remittances = current account; FDI and FPI = capital account
1991 crisis → LPG reforms (Narasimha Rao – Manmohan Singh)
GST from 1 July 2017: CGST + SGST / IGST; petroleum kept out

Revision card summarising External Sector, Taxation and Reforms — One-page visual summary of the key points to revise.

Source: https://upscprep.in/upsc/gs3/indian-economy/external-sector-taxation-and-reforms/ · UPSCPrep.in

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