The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. At present, the Goods and Services Tax (GST) follows a four-tier structure with rates of 5 per cent, 12, 18, and 28 per cent.
The actor, who has been in the US with his family for the past one month, said he will face the allegations legally and his lawyers will take care of the proceedings in the cases against him till he returns.
Nationalist Congress Party-Sharadchandra Pawar chief Sharad Pawar turned the heat on his estranged nephew and deputy CM Ajit Pawar on Tuesday, virtually accusing him of breaking the family for his political ambitions.
Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
'Whatever is necessary for life and is not made in your country, we will import it from outside.'
India's top doubles pair Satwiksairaj Rankireddy and Chirag Shetty bowed out of the China Open Super 1000 badminton tournament after suffering a straight-game defeat to Malaysian second seeds Aaron Chia and Soh Wooi Yik in the semifinals in Changzhou on Saturday.
'That is going to have an impact on literally every one, whether you buy a toothpaste, a safety pin, a car, shoes or medicines or you go to a diagnostic centre.'
GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.
Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to dealers in August amid dip in demand with many prospective buyers postponing their buys anticipating a reduction in vehicle prices on account of the new GST framework. The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month.
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
'Arundhati Roy is like a ballerina performing on a high wire, cool, supremely at ease but conscious of all the adoring eyes on her,' notes P Vijaya Kumar.
Karnataka Chief Minister Siddaramaiah condemned the alleged poisoning of drinking water at a government school in Belagavi district, reportedly to force the transfer of a Muslim headmaster. He termed it a 'heinous act' driven by religious hatred and fundamentalism.
What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.
The development came in the backdrop of the Supreme Court's direction that details of the deleted names be made public by August 19 and a compliance report be filed by August 22.
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
'The ruling elite are supporting those attacking the people of Gaza.' 'As a nation we should not cooperate with the oppressor regime that is allowing mass starvation as a weapon of war.'
'The current strain in the relationship is serious and likely to be long lasting.' 'Even if Trump suddenly changes his attitude toward India -- which he is entirely capable of doing -- it is unlikely that New Delhi will be able to pick up the pieces and respond as if nothing has happened.'
'With technology advancing, we should go all out and put up solar, wind, pumped storage, and battery, and make India go green.'
Even as the conditions changed, bright sunshine alternating with gloom, the Indian batters gritted their teeth and fought it out.
India's economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday.
'When I undertook a study of temple desecration in precolonial India, it was not enough simply to document what temples were desecrated, by whom, when, and where.' 'It was also important to explore the total historical context of such incidents, with a view to discovering patterns, which in turn could reveal the reasons why they occurred.'
He said discussions were held on this issue later but no effort was made to remove them from the preamble.
Former England captain David Gower said the mercurial Rishabh Pant performs what 'others can only dream of and takes incredible to another level.'
The Meghalaya police team was at Sonam's house for around two hours, they said.
The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.
The 81-year-old Biden and his family are currently consulting with doctors to determine the best course of action.
The BJP will enter this election, as it does every election, as if it is fighting to prevent a 2004-style defeat. This is a party that wins big because it always behaves as if its back is to the wall, predicts Mihir S Sharma.
A cleric in India has sparked controversy by calling cricketer Mohd Shami's daughter's Holi celebration "illegal" and "against Shariat".
Pawar recalled that he was a member of a delegation sent by former prime minister P V Narasimha Rao to the UN under the leadership of BJP leader Atal Bihari Vajpayee.
Pakistani wives of former militants rehabilitated in Kashmir have pleaded with the government to allow them to stay, stating they would rather die than return to their native country. The women, who came to Kashmir under a 2010 rehabilitation policy for former militants, have been asked to leave by the police. They say they have built lives in Kashmir and fear for the future of their children if they are forced to return.
The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.
A new national record, a string of personal bests, and six final-day medals capped India's campaign at the 26th Asian Athletics Championships as they signed off with a total haul of 24 medals.
Workers of the Maharashtra Navnirman Sena (MNS) confronted residents of a housing society in suburban Ghatkopar over allegations that Gujarati residents insulted Marathi-speaking families for eating non-vegetarian food. The incident, captured on video and widely shared on social media, sparked intervention from police and condemnation from a state minister. The MNS leader in the video accused the Gujarati residents of calling the Marathi-speaking families "dirty" for their food choices, a claim denied by a resident of the building. The incident highlights simmering tensions between language communities in Mumbai, particularly in the lead-up to civic elections.
Union Home Minister Amit Shah said on Friday that the Operation Sindoor undertaken by the Indian armed forces in retaliation for the Pahalgam terror attack has "completely exposed" the fact that terrorism in India is sponsored by Pakistan. Shah also said that the operation showed the "firm" political will of Prime Minister Narendra Modi, the "precise" intelligence inputs from agencies, and the "lethal" capabilities of the armed forces. He added that the operation was successful as it used the correct firepower and achieved its aims besides "showing the reality" to Pakistan.
Pope Francis has died, the Vatican said on Monday. The Pope passed away on Easter Monday, April 21, 2025, at the age of 88 at his residence in the Vatican's Casa Santa Marta, according to a statement from the Vatican.
Veteran lyricist Javed Akhtar has come out in support of Indian cricketer Mohammed Shami after he was criticized for not observing roza (fast) during the month of Ramzan. Shami was spotted consuming an energy drink during the ICC Champions Trophy semi-final match against Australia, which led to criticism from some quarters. Akhtar, known for his outspoken views, urged Shami to ignore the negativity and praised his performance in the game.
A suspended police sub-inspector from Beed, Maharashtra, India, has alleged that he was offered money to carry out an "encounter" of Walmik Karad, an accused in the murder case of sarpanch Santosh Deshmukh. The suspended cop, Ranjeet Kasle, claims he mentioned the names of the individuals who made the offer in a local police station diary. However, a senior police official from Beed has dismissed Kasle's claims as baseless and demanded proof. Kasle was suspended earlier while serving as a sub-inspector in the local cyber crime department. Deshmukh, the sarpanch of Massajog village, was abducted and killed last December allegedly for attempting to stop extortion targeting an energy company. Karad is among eight individuals arrested in connection with the murder and charged under the Maharashtra Control of Organised Crime Act (MCOCA). The state Crime Investigation Department (CID) filed a chargesheet in the case last month. Kasle's claims come amidst ongoing investigations into the custodial death of Badlapur sexual assault case accused Akshay Shinde. Kasle has demanded a central government SIT to investigate Shinde's death, believing it will reveal the truth.
Naynaben Pedhadiya, mayor of Rajkot city in Gujarat has sparked a controversy after photos of her journey to Prayagraj to attend the Maha Kumbh in her official vehicle went viral.
Prime Minister Narendra Modi on Saturday said the Centre would soon form a committee which would adopt all possible ways for empowering Madigas (a SC community) with regard to their demand of categorisation of Scheduled Castes.
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