The Hindu Editorial Vocabulary 4th November 2024

The Hindu Editorial Vocabulary 4th November 2024 is an effective tool for regularly learning new words and their contextual meanings. Candidates can utilize this free resource daily to improve their vocabulary knowledge, especially those preparing for government exams like the IBPS PO, SBI Clerk, SSC, and Others.

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Revenue repercussions (consequences): on GST revenue trends

Festive season GST receipts hold a critical

Goods and Services Tax (GST) revenue trends have been considerably wobbly (unstable) this financial year, even as three of its seven months so far have recorded among the highest collections from the indirect tax (a tax on goods/services rather than on income). While the year started with a bang (strong beginning) as April clocked (recorded) the first ever instance of revenues of over ₹2 lakh crore, with gross and net receipts (income) rising 12.4% and 15.5%, respectively, bolstered (strengthened) by year-end filings (official documents), July’s gross receipts were the third highest (at the time) at over ₹1.82 lakh crore, up 10.3%. October’s GST receipts prior to refunds (repayments), released on Friday, were the second highest in the seven-odd years of the tax. But these spikes (sudden increases) have been punctuated (interrupted) by underwhelming (disappointing) numbers. Growth in gross revenues had hit a three-year low of 7.3% in June, and worsened (declined) to a 40-month low of 6.5% in September. October’s revenues before adjusting refunds to taxpayers, break a two-month streak of sequential dips, with year-on-year growth recovering to 8.9%. Net revenues grew at a slower 7.9%, but doubled from September’s 3.9% uptick. While this marks an improvement (betterment), the overall growth of net GST revenues this year has still declined (fallen) to 9%, from about 10.2% as of August.

From the fiscal perspective, indirect taxes will have to grow faster in the months ahead to meet the Budget target, but that may not be a significant risk to the deficit yet, as direct taxes and non-tax revenues have been doing well. Revenue and capital spending have been on a tight leash too. Of course, a month’s GST revenues are linked to transactions that take place in the preceding month, and GST is a tax on consumption. So, last month’s revenues are the first signal of private consumption trends this festive season, although significant purchases may have slowed in the latter half of September amid the 16-day Pitru Paksha. The RBI, in its October bulletin, had termed recent months’ GST trends to be a sign of slackening momentum in the economy, but pinned its hopes on improved festive demand and consumer sentiment. In that context, the latest GST receipts are a good omen but November’s receipts for last month’s activity will lend greater clarity on whether those hopes are well placed, with Dussehra and Deepavali falling in October unlike last year. Initial car sales data suggest a K-shaped situation with pricier SUVs growing fast while overall sales straddled the middle lane. However this plays out, the GST Council, that meets soon, must not be deterred from expediting the rate rationalisation exercise, including the lowering of taxes on items such as cement and insurance, which could spur higher sales volumes and compensate for any revenue losses.

Hindu Vocab Wordlist 4th November 2024

Upskill yourself and enhance your vocabulary knowledge. Candidates should begin learning new words daily with Hindu Editorial Vocabulary on 4th November 2024.

1. Repercussions: (consequences) – outcomes or results, often negative, of a previous action.
2. Wobbly: (unstable) – likely to change or fail; not firm or steady.
3. Indirect tax: (a tax on goods/services rather than on income) – a type of tax applied to goods and services, not directly to personal or corporate income.
4. Bang: (strong beginning) – a powerful or impactful start.
5. Clocked: (recorded) – to officially register or note the time or amount.
6. Receipts: (income) – money received from business activities or taxes.
7. Bolstered: (strengthened) – supported or reinforced to improve stability.
8. Refunds: (repayments) – amounts returned after payment, often due to overcharge or excess payment.
9. Spike: (sudden increase) – a sharp or sudden rise in level or amount.
10. Punctuated: (interrupted) – broken or divided by intervals or pauses.

Hindu Vocab Example Sentences 4th November 2024

Here are the example sentences for all the 10 words discussed above:

Word	Meaning	Example Sentence
Repercussions	Results or effects	“Any decrease in tourism could have serious repercussions for the local economy.”
Wobbly	Unsteady or shaky	“The table was old and wobbly, barely holding up the weight.”
Indirect tax	Tax on goods or services, not income	“An indirect tax is added to the price of goods and services.”
Receipts	Money collected	“The receipts from ticket sales will be donated to charity.”
Bolstered	Made stronger	“The government bolstered its support for renewable energy initiatives.”
Filings	Submitted documents	“The company’s annual filings were available for public inspection.”
Refunds	Money returned	“Customers are entitled to refunds if they are not satisfied with their purchases.”
Spikes	Sharp increases	“There was a sudden spike in demand for heating oil during the winter.”
Punctuated	Broken up with pauses or interruptions	“Her speech was punctuated by loud cheers from the crowd.”
Underwhelming	Not very impressive or below expectations	“The movie’s box office performance was underwhelming compared to the director’s previous films.”

Hindu Vocab Master 4th November 2024 with Synonyms & Antonyms

Here are the synonyms and antonyms of all the difficult words in Hindu Vocab Master for 4th November 2024:

Word	Synonyms	Antonyms
Repercussions	Consequences, effects, outcomes, results	Causes, origins, beginnings, reasons
Wobbly	Unsteady, shaky, unstable, weak	Stable, firm, strong, solid
Indirect tax	Excise, levy, customs duty, surcharge	Direct tax, income tax, tariff, fee
Receipts	Earnings, income, revenue, proceeds	Expenses, losses, costs, outlays
Bolstered	Strengthened, supported, reinforced, enhanced	Weakened, undermined, decreased, reduced
Filings	Submissions, records, applications, documents	Withdrawals, removals, omissions, deletions
Refunds	Repayments, reimbursements, returns, compensations	Payments, charges, expenditures, costs
Spikes	Surges, increases, jumps, peaks	Drops, falls, declines, decreases
Punctuated	Interrupted, broken, marked, interspersed	Continued, flowed, sustained, maintained
Underwhelming	Disappointing, unimpressive, unsatisfactory, dull	Impressive, overwhelming, exciting, fulfilling