Union Finance Minister Nirmala Sitharaman hit out at the Congress, and said the party once considered GST was impossible to implement, but the Modi government not only rolled it out successfully but is now taking it forward with second-phase reforms to ease the burden on common people.
He also expected that the two-slab structure would simplify tax compliance and reduce the burden. The proposed GST structure includes two slabs: 5% and 18%. This aims to streamline the current four-slab system, which provides for rates of 5%, 12%, 18%, and 28%.
The upcoming next-generation Goods and Services Tax (GST) reforms will further simplify tax processes and reduce compliance burdens, particularly for small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.
Kochi (Kerala) [India], September 1: September is observed as Peripheral Arterial Disease (PAD) awareness month. Dr. Manisha Joshi, Senior Consultant - Interventional & Neuro Radiology at Rajagiri Hospital, Kochi, explains that PAD, in simple words, means occlusion of peripheral arteries (bl
The new measures will ensure faster and more transparent delivery of services, easing financial stress. Importantly, these benefits will reach the maximum number of personnel without imposing any additional financial burden, as the adjustments have been made through internal fund realignment
AIMIM chief Asaduddin Owaisi has accused RSS of "double-speak", saying there have been proposals during the BJP-led government for a law on population control, and now the RSS Chief Mohan Bhagwat is advocating three children per family.
New Delhi [India], August 28: India is facing a rapidly escalating burden of cardio-metabolic diseases (CMDs), including diabetes, hypertension, and cardiovascular disorders. These conditions account for a significant share of mortality and pose immense social and economic challenges to the
Ras Al Khaimah [UAE], August 28: Quantcorp.io a global leader in AI-powered arbitrage infrastructure, has officially announced the launch of its Licensee Partnership Program, a first-of-its-kind model that gives individuals and professionals access to institutional-grade arbitrage technolog
The Reserve Bank of India's decision to lower interest rates has led to a marked decline in borrowing costs for companies, thereby boosting debt serviceability across several sectors, according to a report by the Bank of Baroda (BoB).
New Delhi [India], August 27: The All India Digital Cable Federation (AIDCF), the apex body representing India's Digital Multi-System Operators (MSOs), has appealed to the Government of India for a reduction in the Goods and Services Tax (GST) rate on Cable TV services from the existing 18%
Inaugurating the three-day "Rozgar Mahakumbh 2025" in Lucknow on Tuesday, Chief Minister Yogi Adityanath announced that every youth employed in Uttar Pradesh will be assured minimum wages, ending any scope for worker exploitation. He said companies must pay their employees fairly, while the
Mumbai (Maharashtra) [India], August 25: In a pivotal two-day visit that underscored the urgency of India's growing prostate cancer burden, Dr. Mark Emberton, Professor of Surgery at University College London and a globally recognized expert in urological cancers, joined Indian counterparts