Don’t want money or grand parades, just want to know our country is watching: SatwikDon’t want money or grand parades, just want to know our country is watching: Satwik Published on: May 08, 2026 1:03 PM IST PTI Share via Copy link New Delhi
Mumbai: The country’s largest lender State Bank of India, on Friday, reported a standalone net profit of ₹19.683.75 crore in the March quarter of FY26 (Q4FY26), up 5.6% year-on-year. Its net interest income (NII) in Q4FY26 increased 4% on year to ₹44,380 crore
Please don’t zoom-in! After Karisma Kapoor, Ridhi Dogra and others calling out zoom-in culture, paps share their sideAs paparazzi culture becomes more invasive, celebs like Karisma, Ridhi, Ayesha are pushing back against uncomfortable practice. See what paps have to share Published on: May 08
TBSE Result 2026: Tripura Board 10th, 12th results declared at tbse.tripura.gov.in, direct link hereTBSE Result 2026 has been declared. The direct link to check Tripura Board 10th, 12th results is given here. Updated on: May 08, 2026 12:55 PM IST By HT Education Desk | Edited by Papri Chanda Share
Communist Party of India leader D Raja on Friday urged Tamil Nadu Governor Rajendra Arlekar to invite actor-politician Vijay’s Tamilaga Vettri Kazhagam to form the government as the single-largest party in the Assembly and allow it to prove its majority on the floor of the House, PTI reported
New GST rates: Cigarettes to SUVs and some motorcycles land it highest tax slab
A new 40% slab of GST will come into effect on September 22, along with all new rates. The 12% and 28% slabs are gone, and only the 5% and 18% ones from the current four remain.
The 40% slab has mostly high-end non-essentials or luxury goods.
For pan masala, cigarettes, gutka, chewing tobacco, it will not kick in immediately due to some technical reasons regarding pending loans, and a date will come later.
Also read | Full list of GST rate changes
But the other things on this list, which get the new rates on September 22, include aerated waters containing added sugar or flavour (which means most cold drinks), caffeinated beverages and other non-alcoholic beverages will also be in 40% now, meaning a jump of at least 12 percentage points from the now-scrapped 28% slab.
Motorcycles exceeding 350 cc are also among these items, as are bigger cars.
Also read | India delivers GST bonanza ‘for common man', new GST rates from 22 September
A government handout on the rationale and most-asked questions said the 40% rate is applicable only on few select goods, “predominantly on sin goods and few luxury goods and therefore is a special rate”.
But does that make these goods more expensive? Not necessarily.
A lot of these goods attracted compensation cess in addition to GST, which was around 15%, and sometimes crossed 20%
“Since it has been decided to end the Compensation Cess levy, the Compensation Cess rate is being merged with GST so as to maintain tax incidence on most goods. On other goods and services, the special rate has been applied as these were already attracting the highest GST rate of 28%,” said the FAQ document.
So a tax of 28% GST plus 15% cess was 43%, but now becomes flat 40%.
Let's understand it through the example of cars.
Smaller cars are those that have petrol engines up to 1200cc, or diesel up to 1500cc, and length not exceeding 4000 mm. These cars will now be at 18% GST, down from 28%, which means the Altos and i10s etc will come for less too.
Also read | New GST rates: All you need to know, FAQs
Similar logic – of cess gone, but base rate hiked – applies to several of the items in the new 40% bracket.
For cigarettes, chewing tobacco products like zarda, unmanufactured tobacco and beedi, the existing rates of GST and compensation cess will continue to apply and the new rates will be implemented at a later date to be notified, based on discharging of entire loan and interest liabilities on account of compensation cess, the government has said.
Other items on the 40% list include: aircraft for personal use, yachts, revolvers and pistols; betting, casinos, gambling, horse racing, and lottery.
Further, admission to sporting events like cricket's Indian Premier League or IPL will attract 40% GST.
However, this rate of 40% will not apply to admission to recognised sporting events. “Admission to other sporting events, including recognised sporting events, where the ticket price is not more than ₹500, continues to be exempt, and if the ticket price is more than Rs. 500, it continues to be taxed at the standard rate of 18%.”
Source: HindustanTimes
Related Posts: Tobacco, Pan Masala To Face Additional Duties Over 40% GST Slab After Compensation Ends GST Council approves 2-slab structure Will Ranveer Singh’s Dhurandhar Promo Come Along With Thamma Slab-Wise Tax Rates If Your Income Exceeds Rs 12L In New Tax Regime Will Your Tax Slab Change Under New Income Tax Act New DPDP rules come into effect New Labour Laws Come Into Effect Today New User Fee Collection Rule To Come Into Effect From November 15 - Details Has 8th Pay Commission Come Into Effect From 1 January 2026 India-EFTA TEPA To Come Into Effect From October 1
Lung and breathing diseases like tuberculosis, asthma, COPD, and pneumonia are common. However, there is a new lung infection called aspergillosis that is caused by a common environmental fungus. It is widely underdiagnosed across the world. Ask Dr Swapnil Mehta
3 hours ago
![New Delhi [India], May 8 (ANI): Royal Challengers Bengaluru (RCB) all-rounder Krunal Pandya has spoken about the challenges and mindset required to compete as](http://newsorbit360.com/files/news/en/imgs/pressure-is-always-there.webp?height=520)
New Delhi [India], May 8 (ANI): Royal Challengers Bengaluru (RCB) all-rounder Krunal Pandya has spoken about the challenges and mindset required to compete as defending champions in the Indian Premier League (IPL), saying that pressure is a constant at the highest level but should be embraced
3 hours ago
New Delhi, May 8 (PTI) Television actor Aashka Goradia and her husband and entrepreneur Brent Goble, have embraced parenthood for the second time as they welcomed another baby boy. The couple shared the news on Friday with a collaborative post on their respective Instagram handles as they announced
3 hours ago
Indian mothers nutritionally deficient? Gynaecologist shares 4 nutrient gaps behind fatigue, brain fog, sleep issuesIs your diet nutritionally shallow? Find out what your common daily health signs may be connected to. Published on: May 08, 2026 2:03 PM IST By Adrija Dey Share via Copy link Mothers
3 hours ago
tnresults nic in, Tamil Nadu HSC 12th Result 2026 Link Live Updates: The Tamil Nadu Directorate of Government Examination (TNDGE) has declared the Higher Secondary Examination (HSE) 2026 or class 12th results today, May 8 at 9:30 am. A total of 95.20 per cent of the students have passed. Among them
3 hours ago
London, May 8 (PTI) British Prime Minister Keir Starmer on Friday said he takes responsibility for the “very tough" losses for the Labour Party in the local election, which threw up big wins for the anti-immigration Reform UK. Speaking to reporters as the vote count for Thursday’s UK-wide polls
3 hours ago
The recent murder of Chandranath Rath, an associate of BJP leader Suvendu Adhikari, has brought attention to a series of deaths connected to the politician. Over the past 13 years, several individuals close to Adhikari have died under various circumstances.The recent murder of Chandranath Rath
3 hours ago
Karnataka Home Minister G. Parameshwara on Thursday (May 7, 2026) said that the BCCI might have decided to shift the IPL finals venue from Bengaluru to Ahmedabad considering commercial viability. He clarified that distributing tickets to MLAs has nothing to do with shifting the final match
3 hours ago
When film star-turned-politician C Joseph Vijay's newly-formed political party won the most number of seats in the recent election in the Indian state of Tamil Nadu, it was hailed as historic. But five days after Monday's vote-counting, political uncertainty prevails in the southern state
3 hours ago
A cricket match, a tense over, a hungry watch party — and suddenly, more than 100 burgers are ordered in a single transaction. That moment has emerged as one of the most striking indicators of how India’s digital viewing habits are rapidly evolving during this cricket season.A cricket match
3 hours ago
Tech bodies oppose IT Rules amendmentsThe Internet and Mobile Association of India (IAMAI) and the Broadband India Forum (BIF) submitted their objections to the Ministry of Electronics and Information Technology (MeitY) on May 7 Published on: May 08
3 hours ago
Neetu Kapoor reacts to ‘horrible’ trolling after returning to work post Rishi Kapoor’s death: ‘Got into drinking…’Neetu Kapoor opened up about the trolling she faced after deciding to return to work during her appearance in latest episode of Soha Ali Khan’s YouTube show. May 8, 2026
3 hours ago
Actor-politician Vijay congratulated Tamil Nadu Class 12 students on their exam results. He encouraged those who did not pass to try again. His message included a line about being 'on the verge of victory'. This statement sparked interest, linking it to both student aspirations and the political
3 hours ago
Unthinkable AIADMK-DMK alliance buzz, kingmaker parties: All that TVK majority mark crisis has led toThe 234-member Tamil Nadu assembly has thrown up a hung verdict with Vijay's TVK emerging as the single largest party with 108 seats. Updated on: May 08
3 hours ago
IPL: As the Gujarat Titans gear up to face the Rajasthan Royals in Jaipur, both teams find themselves on equal footing with six victories each out of ten games played. The Titans are riding high on a three-match winning streak, showcasing their solid batting prowess
3 hours ago
CUET Exam 2026: 7 last-minute preparation tips to maximise your scoreCUET Exam 2026 will begin next week. Check the 7 last minute preparation tips here that will help to maximise your score. Published on: May 08, 2026 1:22 PM IST By HT Education Desk Share via Copy link With the Common University
3 hours ago
The Supreme Court on Friday (May 8, 2026) recorded disappointment at the non-production of witnesses in the trial of Ashish Mishra, son of former Union minister Ajay Mishra, and others in the 2021 Lakhimpur Kheri violence case. A Bench headed by Chief Justice of India Surya Kant
3 hours ago
Global technology major Adobe on Friday announced the opening of a , making it the San Jose-headquartered company's seventh office in India.Located in Sector 129, the new campus will house over 700 employees across engineering and customer-focused roles
3 hours ago
From work meetings to weekend plans: Here’s how to style one bag multiple waysBags are a fashion staple and can make a huge difference in your overall look. Here’s how you can style one bag in different ways. Published on: May 08, 2026 2:14 PM IST By Anukriti Srivastava Share via Copy link If
3 hours ago
Union Home Minister Amit Shah is in Kolkata to select the first BJP Chief Minister and cabinet. He will chair meetings with legislative party leaders and MLAs. The new government's oath-taking ceremony is scheduled for Saturday. Chief Ministers from 20 states will attend the event
3 hours ago
As households across the globe count the costs of the US-Israel war in Iran, some companies have been counting bumper profits instead. The uncertainty sparked by the conflict, and Iran's effective closure of the Strait of Hormuz, is driving up the cost of living and hitting the budgets of firms
3 hours ago
‘What exactly am I paying rent for?’: Bengaluru techie earning ₹1 lakh debates moving back home as WFH rules easeThe user explained that his hometown is around 500 km away and travelling for office visits would still be manageable. Published on: May 08
3 hours ago
The Enforcement Directorate on Thursday claimed that one of the persons accused in a land scam and money laundering case was an alleged associate of Aam Aadmi Party’s Punjab chief Aman Arora, The Indian Express reported. This came after the central agency conducted raids at several locations in
3 hours ago
A clip showing two very different reactions to exam marks has started a conversation online about pressure, expectations and happiness among students. In the video, a girl is seen crying after scoring 90 per cent, while a boy proudly celebrates his 60 per cent marks by distributing sweets with a
3 hours ago
Trump has 'no intention' of invading Cuba, reveals Brazil's President Lula after White House talksThe diplomatic overture comes at a time when Cuba has been firmly in Trump's "crosshairs," particularly following the capture of Venezuela's president. Updated on: May 08
3 hours ago
Hollywood star Rebel Wilson has been accused of making a "complete revision of history" in a defamation case brought against her by a young Australian actress. Charlotte MacInnes, who stars in Wilson's film The Deb, is suing the Bridesmaids actress for harming her reputation in Instagram posts in
3 hours ago
The Bharatiya Janata Party has labeled Shiv Sena (UBT) leader Sanjay Raut the "joker of Indian politics." Raut questioned reports of US President Donald Trump congratulating Prime Minister Narendra Modi on the West Bengal election results. The BJP spokesperson stated that opposition leaders are
3 hours ago
