Michael is a full-time senior editor of investing and trading products for Investopedia. He has 20+ years of mutual fund, macro market research, institutional trading desk, and trading education ...

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An elderly British man has been found in a pool of blood after falling to his death from the 10th storey of a building while on holiday. The 74-year-old Brit was found in a pool of blood after he ...

The much-needed GST reforms are here, and they’ve made everyone — from the common man to Sensex and even the farmers — happy. Except if you sin! And sin isn’t just about smoking any more. For the ...

From September 22, 2025, India will have a simpler GST system with just two main rates and a special 40% slab. This top rate applies only to a few products, popularly known as 'sin goods'. Let's break ...

Shares of cigarette makers gained on Thursday even as the Goods and Services Tax (GST) Council approved a proposal to levy 40 per cent GST on sin and super luxury goods. Union Finance Minister Nirmala ...

But the sin goods will only be taxed under the 40% GST rate after the compensation loans to the states are cleared, FM Nirmala Sitharaman has clarified.

The Goods and Services Tax (GST) Council, during its 56th meeting, decided to revamp the tax structure into a primarily two-rate system as proposed by the Central government, Union Finance Minister ...

In a slight relief, luxury car buyers have seen an effective tax rate cut down to 40%, but luxury motorcycle buyers may still need to pay more, with the GST Council approving a hike in the effective ...

A new 40% slab of GST will come into effect on September 22, along with all new rates. The 12% and 28% slabs are gone, and only the 5% and 18% ones from the current four remain. Cigarettes are now in ...

New GST Rates Cut in India 2025 Highlights: Casino operators in Goa worry that 40% Goods and Services Tax (GST) levy on casinos would significantly hamper the industry, leading to a decline in ...