The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
Former Peruvian President Alejandro Toledo was sentenced to 13 years and four months in prison for money laundering, his second conviction linked to Odebrecht corruption, Al Jazeera reported. Toledo and other ex-presidents, including Martin Vizcarra, have faced legal action in Peru's wider "
Bandung [Indonesia], September 4: Southeast Asia's appetite for animal protein is accelerating, with consumption expected to grow more than 20% by 2031, fueled by rising incomes, urbanization, and population growth[1]. In response, the U.S. Soybean Export Council (USSEC) hosted the inaugural
Tamil Nadu Chief Minister MK Stalin, during his ongoing TN Rising Europe investment drive, met Catherine West, Parliamentary Under-Secretary of State (Indo-Pacific) at the Foreign, Commonwealth and Development Office, to discuss opportunities for enhanced collaboration between Tamil Nadu and
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.
Industrialist Harsh Goenka has called the recent Centre's decision to slash and rationalise Goods and Services Tax (GST) rates under the NextGen GST framework a "big Diwali gift" for every Indian. The government has slashed GST on daily essentials, healthcare, education, and farming input
Shrivastava said, "Under GST, the problem of inverted duty is being solved in the fertiliser sector, which will enable and encourage the domestic use of fertiliser."
Next-generation GST reforms, as announced by Prime Minister Narendra Modi from the ramparts of Red Fort on August 15, represent a strategic, principled, and citizen-centric evolution of a landmark tax framework, which will enhance the quality of life of every last citizen, the press release
He also called India the largest buyer of Russian oil after China, indicating that New Delhi could face further penalties if it continues energy imports from Moscow.
The GST Council, on Wednesday, after a threadbare discussion, approved significant rate cuts across multiple sectors, which the government has described as a Diwali gift for the nation.
"It is a historical decision that now licenses need not be procured from MCD. There were discussions, and we took this historical decision. The industry's rate was at least twice that of the residential area, and now we have reduced it to 1.5 times," Sirsa said.