Jharkhand news today – GST Council approves historic tax reform with new 5%, 18%, and 40% GST slabs – jharkhandibaba.in

GST Council Approves Major Tax Reform

The GST (Goods and Services Tax) Council has just announced the most significant tax reform in India since the introduction of GST in 2017. The 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, approved a sweeping rationalization of GST rates, abolishing the contentious 12% and 28% slabs and introducing a new, simplified two-tier tax structure. This move is set to directly benefit consumers, small businesses, and key economic sectors, while boosting demand and simplifying India’s indirect taxation system.

Jharkhand State University Bill

πŸ§‘β€βš–οΈ Jharkhand State University Bill 2025

The recent decision by the Jharkhand state government to limit the powers of the governor in appointing vice-chancellors and pro-vice-chancellors has sparked widespread political and constitutional debate. This shift in policy is not just an administrative reformβ€”it challenges long-standing constitutional norms and the role of the governor as the chancellor of state universities.