India’s 6.65 lakh villages, 2.68 lakh Gram Panchayats, and Rural Local Bodies form the backbone of the rural landscape, shaping the nation’s economy and culture. Recognizing their importance, the Union Budget 2025-26 prioritizes employment generation, women empowerment, education, and infrastructure development in rural areas.
Category Archives: Economics
Latest GST Changes: Key Tax Rate Updates
The 55th GST Council Meeting introduced key recommendations, including GST rate reductions, exemptions, and clarifications to streamline tax compliance. Highlights include a 5% GST on Fortified Rice Kernel, exemption for gene therapy, and removal of GST on vouchers and penal charges. Other changes focus on easing trade and ensuring clarity on tax classifications. Learn how these updates impact businesses and individuals.