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ActIndia CodeThursday, 23 June 2005

The Bihar Value Added Tax Act, 2005

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Central or state Act — primary legislation passed by the legislature. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
Central Act enacted 2005-06-23. Full text on India Code (indiacode.nic.in).
Key Facts
TypeAct
SourceIndia Code (Historical)
PublishedThursday, 23 June 2005
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
UPA ICongress-led UPA
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Finance & Economy671 tracked→
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