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DAYS AND EVENTS - July 2024

Jul 2024

Jul 01, 2024

GST Day 2024: Celebrating India's Unified Tax System

  • Goods and Services Tax (GST) Day is an important annual event in India's economic calendar. This day commemorates the implementation of a transformative tax system that revolutionised the country's fiscal landscape. As we approach GST Day 2024, let's explore its history, significance, and impact on India's economy.
  • GST Day is observed on July 1 each year. The upcoming celebration in 2024 will mark the seventh anniversary of the GST system in India. This comprehensive indirect tax was introduced to simplify the complex web of taxes previously levied by central and state governments.

Nepal Celebrates Rice Plantation Day

  • Monsoon arrives in Kathmandu Valley today and farmers are celebrating Rice Plantation Day by actively showing saplings in their farmlands. Celebrating Dhan Diwas or Rice Plantation day, Alternate Energy Promotion Center, organised a discussion program today to show the integration of renewable energy in the agriculture sector to increase benefits from farming. 
  •  The government of Nepal has prioritised agriculture sector as one of the national priority sectors and energy is one of the key drivers for increasing agri yield. There is the adoption of modern agricultural technologies such as efficient solar based irrigation techniques, and energy efficient mechanisation to increase productivity and resilience to climate change.

National Chartered Accountant (CA) Day 2024

  • National Chartered Accountant Day, also known as CA Day, is an annual celebration in India that recognises the crucial role of chartered accountants in the country's economic landscape. As we approach the 2024 celebration, let's delve into the history, significance, and impact of this important day.
  • CA Day is observed on July 1st every year. In 2024, it will fall on a Monday, marking the 76th anniversary of the founding of the Institute of Chartered Accountants of India (ICAI).
  • The day commemorates the establishment of the ICAI in 1949, which was created through an act of parliament. This event laid the foundation for the professional accounting body that would shape India's financial sector for decades to come.
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