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I have not seen a 2k note in more than 2 years in Bangalore. Heard its mostly with real estate folks who pay part of the transacted value in cash. My friends dad sold his house in Hyderabad last year... builder said if you want 'X' amount then take 20% cash or no deal. Seems it is the...

I think in another 10 years, there won't be a need for high value notes unless we head the Zimbabwe way. Digital transactions should take care of almost everything.

Angel tax is back. Rejoice.

https://taxguru.in/goods-and-service-tax/gst-milk-milk-products.html (a) Fresh milk and pasteurised milk are fully exempt from GST. ^Means regular milk sold in plastic packets is exempt from GST. Is toned milk from Amul, other brands which ship in tetra packs exempt from GST too?

Debt to GDP is steadily going down. Column 4 and 5 show us on pretty solid ground. Good chunk of the external debt is NRI/NRN deposits and corporate debt. GoI sovereign debt is quite low afaik. Remember sharing RBI data many moons ago.

Nayi re baba.. what is the total collection in crores? Lets say, GST collection was ~155,000 crores, what was the contribution of milk & dairy products to that figure? Sorry for phrasing my question poorly. Angrezi challenged.

What is the amount collected?

Anybody knows how much GST is being collected from packed milk? Tried googling but didn't find anything.

What's that smell? Smells like socialism. Quite unintuitive so far. Hope things get better as we progress or else...