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The American company Starlink has received approval to start a high -speed satellite internet trial in India. The telecom department has given the satellite a provisional spectrum for trial.
At the same time, now only two slabs will be 5% and 18% instead of 4 of GST. This will also make common needs such as soap, AC, car with shampoo. It was decided in the 56th meeting of the GST Council.
Here, the founder and fashion designer of the famous fashion brand Armani, Giorgio Armani passed away, he was 91 years old. Armani is known for recognizing the Italian style worldwide.
Today’s headlines before tomorrow’s big news, which will be seen …
- The stock market may see a boom today.
- There has been no change in the price of petrol and diesel.
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1. Bread, Paratha, Milk, Health-Life Insurance Tax Free: Now only two slabs of GST 5% and 18%; Changes will be applicable from 22 September
Now only two slabs instead of 4 of GST will be 5% and 18%. This will also make common needs such as soap, AC, car with shampoo. It was decided in the 56th meeting of the GST Council. Finance Minister Nirmala Sitharaman gave this information on 3 September.
Finance Minister Sitharaman said that many food items including milk, roti, paratha, chhena will be GST free. At the same time, individual health and life insurance will also not be taxed. 33 Life -saving medicines, rare diseases and medicines for serious diseases will also be tax free.
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2. Starlink will start high-speed satellite internet trial in India: Dawa- Ilon Musk’s company received approval from the telecom department; Base station will be built in 10 places
Ilon Musk’s company Starlink has received approval to start a high -speed satellite internet trial in India. According to Moneycontrol report, the telecom department has given the satellite a provisional spectrum for trial. This spectrum allows the company to run trials for 6 months.
The company will now build base stations at 10 places in India, which will have a Mumbai main center. Apart from this, Starlink has also sought a license to import the Equipment, including the landing station hardware.
This hardware will connect the satellite signal to the land network. Security and technical standard will be examined during the trial, after which Starlinks can launch high speed satellite internet official.
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3. Founder of fashion brand Armani passed away: Italian style was recognized worldwide; Giorgio was the only owner of Armani Company, ₹ 1 lakh crore value today
Founder and fashion designer Georgio Armani of famous fashion brand Armani has passed away, he was 91 years old. Armani was born on 11 July 1934 in the city of Piyasenja, Italy. The company informed about his death on 4 September today.
Giorgio started Armani in 1975 with his business partner Sergio Galoti. Armani was also the CEO of his company and the only investor. That is, every decision and direction of the company had their own control.
Armani is known for recognizing the Italian style worldwide. According to Forbes, in 2025, Georgio Armani has a net worth of $ 12.1 billion (Rs 1 lakh crore). His wealth came from his own company Georgio Armani Spa.
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4. Watching IPL in the stadium became expensive: Government assuming luxury and imposed 40% tax, the remaining match in 18% category; What is cheaper, what expensive than GST change
Now cricket fans will have to pay more money to watch IPL matches in the stadium, as the government has increased the GST rate from 28% to 40%. It was decided in the 56th meeting of the GST Council. Finance Minister Nirmala Sitharaman gave this information on 3 September.
The new tax system has considered a luxury activity watching IPL and has kept it in the category of services like tobacco products and casinos. However, 18% GST will still be applicable on general cricket matches. That is, this change is only for premium sports events.
On the other hand, cinema tickets up to Rs 100 will have only 5% GST, which was earlier 12%. But more than 100 rupees tickets will be charged as before 18% GST. At the same time, GST has been reduced to 5% on services related to hotel booking, beauty and health.
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5. GST 18% on Bidi, 40% on Cigarettes: Employment to more than 70 lakh people due to bidi business in the country, first was 28% on both
The prices of tobacco products like cigarette and gutkha are going to increase after the announcement of changes in GST from 3 September tomorrow, while the price of bidi will decrease slightly. GST on bidi was earlier 28% which has been reduced to 18%. GST has been reduced from 18% to 5% on leopard leaves used in making bidi.
Cigarettes and other tobacco products, which currently have 28% GST, will now become more expensive with 40% tax. More than 70 lakh people are associated with the business of making bidi in the country, the livelihood of most of these people is completely dependent on this. It is possible that the purpose of reducing GST on bidi is to save the desi bidi industry.
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