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The GST Council has sanctioned the reduction to just two tax slabs of 5 per cent and 18 per cent, taking effect from September 22. (AI image) GST rates slashed for several items! Essential everyday items including roti/paratha, hair oil, ice creams and televisions are set to become cheaper, whilst personal health and life insurance…

Russian President Vladimir Putin and Prime Minister Narendra Modi walk to attend the Shanghai Cooperation Organization (SCO) summit in Tianjin, China. President Donald Trump last week doubled US tariffs on Indian goods to 50%, targeting New Delhi’s continued purchase of discounted Russian oil-a trade Washington says bankrolls Moscow’s war in Ukraine.But rather than isolating India…

Russian President Vladimir Putin on Wednesday said that he was open to a trilateral peace initiative involving US President Donald Trump and Ukrainian President Volodymyr Zelenskyy, but only if the talks were held in Moscow. Speaking in Beijing after attending a grand military parade alongside Chinese President Xi Jinping and North Korean leader Kim Jong…

NEW DELHI: Prime Minister Narendra Modi on Wednesday hailed the next-generation GST reforms, which he said would improve the lives of citizens and ensure ease of doing business for all, especially small traders and businesses.“During my Independence Day Speech, I had spoken about our intention to bring the Next-Generation reforms in GST. The Union Government…

Finance Minister Nirmala Sitharaman on Wednesday announced sweeping Goods and Services Tax (GST) rate cuts effective September 22. The GST revamp brings a majority of items in the 5% and 18% slabs, with several items now facing 0% or nil tax and some added to the 40% ‘sin tax’ slab.With GST cut on a lot…

The GST Council on Wednesday approved the creation of a new slab of 40% for sin and luxury goods, marking a significant change in the tax structure. While the date for its implementation will be announced later, the two other main slabs of 5% and 18% will come into effect from September 22.The highest slab…

US President Donald Trump on Wednesday hinted at “phase-2 and phase-3” of what he called “sanctions” on India, highlighting his past warning that New Delhi “got big problems” if it did not stop buying Russian oil. He further claimed that imposing additional 25% tariffs on India cost Russia “billions of dollars.” “That cost hundreds of…

TOI correspondent from Washington: US President Donald Trump left the door open for a trade deal with India, claiming New Delhi had agreed to zero tariffs, even as his MAGA supporters took aim at the services sector that has been spared so far because it is a more even playing field. In remarks at the…

US President Donald Trump on Wednesday issued an ultimatum to Hamas demanding immediate release of all 20 hostages and “not 2 or 5 or 7”.“Tell Hamas to IMMEDIATELY give back all 20 Hostages (Not 2 or 5 or 7!), and things will change rapidly. IT WILL END!” Trump said in a post on Truth Social.Last…

Pakistan Afghan Refugees (Photo credit: AP) Thousands of Afghan refugees with official registration documents are being forced out of Pakistan, even as their homeland reels from a devastating earthquake that killed more than 1,400 people last weekend. AFP reported. quoting officials that the returns have sharply escalated in recent days, with families crossing the border…