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The Hindu Editorial (GST’s complicated) – May 07, 2018

With collections from the goods and services tax peaking at over ₹1 lakh crore in April, industry hoped the GST Council would make life simpler for an increasingly compliant tax-payer base. For further reading, visit “The Hindu”. Below is today’s word list-1 forThe Hindu Editorial (GST’s complicated) – May 07, 2018.

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Courtesy: The Hindu

Today’s word list-1 for The Hindu Editorial (GST’s complicated) – May 07, 2018:

compliant (adjective) – accommodating, cooperative, obedient/dutiful.
barring (verb) – excluding, omitting, leaving out.
under way (adverb) – in progress, going on, happening.
provisional (adjective) – interim/transitional, temporary, tentative.
input (tax) credit (ITC) (noun) – GST taxation structure allows businesses across India to claim input credit for the tax they paid while purchasing capital goods for their company.
default (on) (verb) – fail to pay, not pay, renege.
evasive (adjective) – avoiding, dodging, escaping.
avail (verb) – use, make use of, utilize.
jitters (noun) – nervousness, uneasiness, anxiety.
credit with (verb) – be recognized as, be held responsible for, ascribe to (an achievement).
swift (adjective) – fast, rapid, quick.
imposition (noun) – levying, charging, enforcing.
alleviate (verb) – reduce, control, mitigate/moderate.
looming (adjective) – threatening, menacing; emerging, appearing (as a visible thread).
breakdown (noun) – failure, collapse, foundering.
tenet (noun) – principle, belief, doctrine/rule.
revert (verb) – respond, reply.
fortnight (noun) – a period of two weeks.
intent (noun) – aim, purpose, objective.
upper hand (noun) – a dominating position.

Today’s word list-1 for The Hindu Editorial (GST’s complicated) – May 07, 2018:

Note:

Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. Use it with the corresponding article published on the source (website) via the link provided.
This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.

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