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.
Union Minister Annapurna Devi on Wednesday criticised the INDIA bloc over its 'Vote Chor, Gaddi Chhodd' slogan, alleging that the opposition lacks evidence to support their claims of electoral irregularities.
Bollywood singer Shaan slammed the recent trend in which artificial intelligence generates songs as if a different singer performed them. It is often referred to as AI Voice Cloning.
Indian tennis player Yuki Bhambri storms to his maiden Grand Slam quarter-finals at the US Open in the Men's doubles alongside his partner from New Zealand, Michael Venus.
The two-day meeting, being held on September 3 and 4, is expected to bring significant changes to India's indirect tax structure, with discussions centred around rationalising and reducing the number of GST slabs.
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.
Ranya was taken into custody on March 3 at Bengaluru's Kempegowda International Airport after being found in possession of 14.8 kg of gold upon her arrival from Dubai.
US Congressman Ro Khanna has slammed Trump administration imposing 50 per cent tariffs on Indian goods and said Americans can't allow "ego of Donald Trump to destroy a strategic relationship with India".