Friday, September 11
Prime Minister Narendra Modi on Friday sent a firm warning against illegal immigration during his Independence Day address from the Red Fort, saying the country would not allow outsiders to take the rightful place of India’s youth and daughters.“Nobody can hand over their country to illegal immigrants, no country can — so how can India?” the prime minister said, noting the need to protect the nation’s demographic and social balance.He announced the launch of a high-power demography initiative, aimed at addressing population dynamics and safeguarding opportunities for Indian citizens.India is celebrating its 79th Independence Day on Friday, under cloudy, damp skies with with light rain in the air. At the heart of the celebrations, Prime Minister Narendra Modi delivered his 12th co
The Centre is considering a significant overhaul of the Goods and Services Tax (GST) structure, proposing a simplified regime with just two main tax slabs of 5% and 18%, along with a special 40% rate for luxury and sin goods, PTI reported citing sources. As part of the rejig, about 99% of items currently taxed at 12% are likely to be moved to the 5% bracket, the sources told PTI. Similarly, around 90% of taxable goods in the existing 28% slab are expected to shift to the proposed 18% category.Common man items, daily-use products are likely to be taxed at 5% as part of the upgraded GST regime.The special 40% rate would be levied only on seven items, including tobacco, although the total incidence of tax on tobacco would remain at the current 88%, sources added.Also Read: India to simplify G
