The GST Council is set to discuss the contentious issue of levying 18% GST on insurance products, with questions remaining on the final decision. Options include exempting pure term and health insurance from GST, as proposed by the fitment committee, or lowering the rates to address concerns. The meeting next week will determine the outcome of the debate on the taxation of insurance under GST.
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"Equipping Pakistan with arms undermines stability": Defence Minister Rajnath Singh tells Dutch counterpart
India has urged the Netherlands to refrain from supplying arms to Pakistan due to concerns over the latter's support for cross-border terrorism. Defence Minister Rajnath Singh emphasized the destabilizing impact of equipping Pakistan with military technologies during a meeting with Dutch Defence Minister Ruben Brekelmans. Singh highlighted India's long-standing struggle against terrorism sponsored by Pakistan, especially in Jammu and Kashmir, to underscore the importance of preventing arms sales to the neighboring country. Full Article
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