In a significant simplification in the GST regime, which will benefit the common man, Finance Minister Nirmala Sitharaman on Wednesday announced consolidation of 12% and 18% slabs into a dual rate structure of 5% and 18% besides 40% for sin goods.
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 56th meeting of the Goods and Services Tax (GST) Council is set to begin in the national capital tomorrow, spanning two days from September 3 to 4.
Bengaluru (Karnataka) [India], September 2: Flipkart today hosted Flipkart Tech Day 2025: 'Next-Gen E-commerce - Unlocking Value Through Innovation at its Core' at its headquarters in Bengaluru. The immersive showcase brought together technology experts and senior leadership from Flipkart fo
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.
New Delhi [India], September 2: When Cristiano Ronaldo appears in a campaign, people look. That simple fact is the fulcrum of Saudi Tourism's latest push: a filmic, high-octane campaign titled "I Came for Football, I Stayed for More" that positions Ronaldo not just as a sporting icon but as
New Delhi [India], September 1: With over 100 crore smartphones and laptops in active use across India, the country has become one of the world's largest gadget markets. The repair and spare parts industry is rapidly growing -- yet for millions of users, getting a device fixed is still a str
Uttar Pradesh CM Yogi Adityanath directed officials to frame a transparent and humane policy for premature release of sick, elderly, and disabled prisoners, excluding convicts of heinous crimes. A statewide survey and automatic review of eligible cases were proposed.
New Delhi [India], September 1: Ganesh Chaturthi marks a time of new beginnings, making it the perfect occasion to upgrade your entertainment system. This festive season, enhance your family gatherings and movie nights with a brand-new television. A smart TV is no longer just a luxury--it ha
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
Bengaluru (Karnataka) [India], September 1: Outstrive, an enterprise software company focused on workflow automation, today announced the launch of four intelligent enterprise products designed to help organizations cut costs, save time, and eliminate inefficiencies in HR, IT, and procuremen
A new study led by investigators from Mass General Brigham, Harvard T.H. Chan School of Public Health, and the Broad Institute of MIT and Harvard suggests that a Mediterranean-style diet may help reduce dementia risk.