In a positive sign of growing interest in the fields of Engineering, Pharmaceutical, and Agricultural Technology, a staggering number of students have registered for the Maharashtra state Common Entrance Test (CET) 2023 PCM group exam. The exam, which will span from May 9 to 14, has attracted a total of 28,533 aspiring students. With a higher representation of male candidates and a significant overall applicant count, the state is witnessing a surge in enthusiasm for these disciplines. The State Common Entrance Test Cell has organized the Ma...
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...