Moving ahead with its plans for a July 1 rollout of the landmark tax reform - a national Goods and Services Tax or GST - Finance Minister Arun Jaitley today said that the four main rates or slabs of the new tax are necessary. "If we don't have that, it'll become a regressive tax. Some goods are essential for the poor," the Finance Minister told parliament. To illustrate the need for different slabs, he said, "A BMW and Hawai chappal (flip-flops) can't have the same tax. What is the goods, who uses it, matters."
................................ Advertisement ................................
Qualified candidates must attend practical exams scheduled from December 2025 to February 2026 across various medical specialties as per the NBEMS announced timetable.
2025 saw landmark policy shifts that reshaped care access, costs and environmental health in India.
IIM Raipur and National SC-ST Hub launched a Business Accelerator Program for SC/ST entrepreneurs in Chhattisgarh, starting January 2026, to enhance business skills and support scaling ventures.
Hero MotoCorp posts 31% YoY growth with 6,04,490 units dispatched in November, driven by festive momentum and GST benefits.
Winter Session Live Updates: The Winter Session of Parliament started on Monday and is expected go on till December 19. The first day of the session in the Lok Sabha saw repeated sloganeering by opposition MPs alleging electoral fraud.
Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'Derek O’Brien
Wednesday October 22, 2025Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
Opinion: GST Cut, Inflation Under Control: Optimism As Festival Season ApproachesBharti Mishra Nath
Friday September 19, 2025Away from politics, floods, rain-related tragedies and the Trump tariffs, there is optimism in the air. With GST rationalized, inflation in control, the upcoming festival season promises good times.
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The CentrePradeep Bhandari
Saturday September 06, 2025By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
Opinion | Observations From A Student of Political Communication - By Derek O'BrienDerek O’Brien
Friday September 05, 2025For a student of political communication, this week has been fodder. The language used to describe GST reforms has been nothing short of grand. "Landmark". "Biggest ever since the 1990s". The Opposition has been advocating for such 'reforms' for eigh
................................ Advertisement ................................

