A.I. is already making an impact on all the lives of people, Here are a few thoughts on the future human with A.I 1. Empowering Local Governments and Fiscal Responsibility Artificial Intelligence (A.I.) has already brought forth substantial changes, leading to increased wealth and financial gains. However, its potential impact goes beyond that. One of the most notable transformations could be the formation of productive small Local Governments, empowering communities at the grassroots level. These empowered local authorities can foster fiscal responsibility, ensuring efficient allocation of resources for the betterment of society. 2. Promoting Social Tolerance and Quality of Freedom of Speech A.I. stands as a potential agent of positive change in fostering social tolerance and promoting understanding and acceptance among diverse groups. By analyzing vast datasets, A.I. can help bridge the gaps between different communities, fostering a more cohesive society. Additionally, A....
Introduction: The GST Council in India convenes periodically to discuss and refine tax structures. Each meeting brings forth a mix of positive and negative developments, often revealing new ironies and fallacies within the economy. This article sheds light on certain inconsistencies, focusing on the taxation of non-branded atta or wheat, the exemption of cricket games like IPL from GST, and the associated revenue generation. Taxing Essentials, Exempting Entertainment: One of the glaring ironies in the Indian tax system is the imposition of GST on non-branded atta or wheat, an essential commodity consumed by the poor. Despite the burden on those struggling to make ends meet, cricket, a form of entertainment, remains exempt from GST. The Board of Control for Cricket in India (BCCI), the governing body of cricket in India, enjoys tax-free status despite being the wealthiest cricket governing body globally. Example: A daily wage laborer, s...