Major Decisions of GST Council Meeting held on September 3, 2025

Major Decisions of GST  Council Meeting held on September 3, 2025 Goods and Services Tax (GST) Council meeting, the 56th session held on September 3, 2025, approved a major revamp of the tax structure. Key decisions include a two-tiered slab system, higher rates on “sin goods,” and a host of changes aimed at simplification for taxpayers….

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JAPAN TRADE NEGOTIATOR TO CANCEL US VISIT

JAPAN TRADE NEGOTIATOR TO CANCEL US VISIT Japan’s top trade negotiator, Ryosei Akazawa, canceled a planned visit to the U.S. in late August 2025. The trip was canceled due to unresolved details regarding a $550 billion investment package and lingering issues over U.S. tariffs on Japanese goods, including automobiles. Reasons for the cancellation: Need for…

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Your annual reminder that satya, ahinsa, satyagrah had little to no role in Britain’s decision to free India. The real reasons:

Your annual reminder that satya, ahinsa, satyagrah had little to no role in Britain’s decision to free India. The real reasons: 1. WWII left Britain bankrupt, owing huge debts, making colonial administration too costly. 2. That debt was mostly from the US, which opposed old-style imperialism via the Atlantic Charter (1941) and pressured the UK…

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Modi’s Counter to Trump’s Move – The Digital Tax

Modi’s Counter to Trump’s Move – The Digital Tax Many friends have asked me to write in detail about the digital tax, calling it Modi’s counterstroke to Trump’s move. There are several American businesses operating in India that do not pay any tax here. They earn their revenue from India but take all their profits…

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