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Indian Economy, Bitcoin, and GST Overview

The document discusses various topics including the importance of infrastructure in India, the concept of Bitcoin as a decentralized cryptocurrency, and the introduction of Goods and Services Tax (GST) in India. It highlights the challenges faced by the Indian economy and the role of the Reserve Bank of India in regulating banks and controlling inflation. Additionally, it mentions the global acceptance of GST and its impact on taxation processes.

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mohammedrifai61
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9 views7 pages

Indian Economy, Bitcoin, and GST Overview

The document discusses various topics including the importance of infrastructure in India, the concept of Bitcoin as a decentralized cryptocurrency, and the introduction of Goods and Services Tax (GST) in India. It highlights the challenges faced by the Indian economy and the role of the Reserve Bank of India in regulating banks and controlling inflation. Additionally, it mentions the global acceptance of GST and its impact on taxation processes.

Uploaded by

mohammedrifai61
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

 NAME: MOHAMMED RIFAI

MINI PROJECT  REG NO: 23BCP027


.infrastructure
is very important tool to carry out
development works.
.Indian railways,-complete broad-signing
signals,upgrading passengers rakes and railway Major
stations.
.Per capita energy use(oil equalient) of an Indian problem
in 2004 was 531kg compare to USA.
.Nationalincome and per capita income are
faced by
parameter of economic growth in any country. Indian
economy
.This indicates that massive standards are badly
low.
BITCOINS:

. Bitcoin is a cyptocurrency.
.itis decentralized digital without a centralized
single administration can be sent to peer toper
bitcoin. BITCONS AND
They can be cxchanged for other
currencies,product and services. HOWDOES IT
HOW ITS WORK: WORKS
.without getting technical work details bitcoins
works on a vast public ledger.
In this way all users are aware of each
transactions to peer-to-peer computer networksof
user validation.
 GST-Goods and services tax is pronounced
is a bill central government wants to bring
in order to divide the state and center such
as VAT.
WHY  Since VAT is a tax under state government
GOVERNMENT and different states have different rates of
taxtation.
INTRODUCED  Over 150 countries have accepted GST
which turns helps in MNC’investment and
GST also more process of taxtation.
 The GST is administered by a council which
will comprise 2 minster from state and 2
from central
. GST or goods and service tax has a hot topic of
discussion everything.
.In some countries VAT is is substitute for GST,but
it as a destination based on consumptions of goods
HOW WILL
and service. GST AFFECT
France was the first to introduce GST or goods
and services tax. COMMON
.onlyCanada has a dual GST model to
implemented in india
MAN
.Enabling smooth swift and seamless clearing and
settlement of inner-banks transactions.
There are 3 ultimate goals of centrak bank
includes RBI:
How RBI
GROUTH: higher better but should be sustainable. REGULATE
INFLATION: under control (RBI FEELS 4 TO 5
INFLATION BUT US 2 TO 3 IS HIGH)
BANKS
THANK YOU

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