The government has introduced a new 40% GST slab, the highest ever, aimed at “sin goods” and select luxury items. This GST 2025 update explains which products are affected and why they now face the steepest tax rate.
Today, On 2nd February, Solicitor General Tushar Mehta stated, “The Budget 2025-26 reaffirms the government’s commitment to strengthening the financial well-being of the middle class.” He highlighted key measures such as tax relief, job creation, and economic growth. The budget also prioritizes affordable housing, healthcare, and education funding. These initiatives aim to enhance financial stability and improve the overall quality of life for middle-class families.
Today(on 4th July), Chief Justice of India D Y Chandrachud urged SEBI and SAT to exercise caution in the face of surging equity markets, highlighting the need for additional tribunal benches to stabilize operations. He emphasized the pivotal role of regulatory bodies in maintaining market stability and stressed the urgency of addressing the increased workload and pending appeals at SAT.
