The Meta Wave: The Next Stage of Technological Innovation** Alvin Toffler, a futurist, proposed the concept of waves of technological innovation in his book named "The Third Wave." According to him, Each wave builds on the foundation laid by the one that came before it. We are currently in the midst of the Information Wave, but a new wave is on the horizon: The Meta Wave. The First Wave was characterized by agrarian civilizations and the use of manual labour. The Second Wave was characterized by industrialization and mass manufacturing. The Third Wave, which began in the 1960s, is characterized by the service industry and the information age. The Information Wave has been made possible by the proliferation of the internet and portable electronic gadgets, which have given us access to an unprecedented amount of information. The Meta Wave is the next stage of technological innovation...
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...