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Thursday, February 19, 2026
TopicGoods and Sales Tax

Topic: Goods and Sales Tax

28% GST on gambling: Only on buy-in, not winnings, says Sitharaman amid concerns of double taxation

TCA Sharad Raghavan -
GST Council took its second-ever decision not based on consensus, on this matter, with Delhi, Goa, Sikkim and Tamil Nadu dissenting.

It will take a year for GST to show satisfactory results: MoS Finance

Kaveesha Kohli -
Shiv Pratap Shukla assures that the highest tax slab of 28 per cent will be brought down gradually.

On Camera

YourTurn

Opinion

India must govern AI with confidence. Use guardrails, not handcuffs

Manish Maheshwari -
The good news is that India is not starting from zero. It knows how to innovate privately while also empowering innovation publicly.

AI Summit is a snapshot of today’s India — intelligence, competence in short supply

Tarique Rahman’s first address as Bangladesh PM had 3 warnings

Economy

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

Vrinda Tulsian -
On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Defence

US military commander, envoy Sergio Gor visit Indian Army Western Command, Bengaluru next

Snehesh Alex Philip -
At the Western Army Command, the American delegation was briefed on the capabilities of the formation, past operations and the path ahead.

National Interest

The new Great Game—Trump’s playing for time, China for leverage & India for wiggle room

Shekhar Gupta -
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.

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