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GST On Cigarettes, Tobacco, Aerated Beverages May Be Hiked To 35%
The GoM on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35 per cent from the present 28 per cent, an official said.
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Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
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Online Gaming Companies Say 28 Percent GST Will Limit Their Business, Lead to Lakhs of Job Losses
Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...
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Government Panel On Online Gaming, Casinos, Horse Racing Broadly Agree On 28% GST
The GoM on online gaming, horse racing and casinos had a broad agreement that a 28 per cent GST should be levied on all the three supplies.
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Online Games Could Soon Levy Higher GST; Government Planning to Classify Them as Games of Skills, Chance
The Finance Ministry is considering classifying online gaming into categories of skill and chance, and levying a differential rate of GST, an official said. Currently, online gaming attracts 18 percent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals.
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Panel On GST (Tax) Levy On Online Gaming, Casinos To Submit Report Next Week
Conrad Sangma-headed Group of Ministers (GoM) held its final meeting on the issue earlier this week and is understood to have recommended a GST levy of 28 per cent on online gaming,
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Government to Finalise GST Rates on Online Gaming in August: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman mentioned that the GST rates on online gaming, horse racing and casinos will be finalised in the 48th GST Council Meeting which will be held in August in Madurai. She also added that the compensation can be continued at least for a few years.
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Asked To Re-Deliberate Tax Rate On Online Gaming, Casinos By July 15: Nirmala Sitharaman
The Goods and Services Tax (GST) Council has asked the Group of Ministers (GoM) to re-deliberate the tax rate on horse racing, online gaming and casinos by July 15, Finance Minister Nirmala Sitharaman said while addressing the media after a two-day meeting.
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Want Liquor Delivered To Door Step? It May Be A Reality In Delhi Soon
Home delivery of liquor in the national capital is likely to see the light of the day soon, as a group of ministers (GoM) of the Delhi government has given a go ahead to it, officials said on Tuesday.
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2022 Skoda Kodiaq Facelift Launch Details Out
The 2022 Skoda Kodiaq facelift gets subtle design updates and more features on the inside, and will be offered in India as a completely knocked down (CKD) unit.
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Deliberate Attempt To Keep Congress Out Of GST Group Of Ministers: Ashok Gehlot
Rajasthan Chief Minister Ashok Gehlot on Tuesday alleged that a deliberate attempt was made to keep the opposition Congress out of the Group of Ministers (GoM) set up after the GST Council Meet on May 28.
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Chhattisgarh Chief Minister Slams Centre For Excluding Congress Members From GST Group
Chhattisgarh Chief Minister Bhupesh Baghel on Tuesday slammed the centre for allegedly keeping out the members of Congress-ruled states from the group of ministers (GoM) constituted by the GST Council for exemption of tax on essential goods related t
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Madhya Pradesh: Group Of Ministers To Prepare Plan To Run Educational Institutes
The GoM will suggest the strategy to run educational institutes, including private and government schools, colleges, universities and other training institutes amid the pandemic, an official order said.
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Editors Guild Expresses "Shock And Disbelief" At Centre's Report On Media
The Editors Guild of India (EGI) on Tuesday expressed "shock and disbelief" at the recent report of a group of ministers (GoM) suggesting steps to "neutralise" the negative narrative against the government.
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Delhi Excise Department Asks Clubs, Restro-Bars to Share Locations Using Google Maps for Digital Database
The Delhi Excise Department has directed owners of clubs, restaurants, and hotels in the city to share the location of their establishments using Google Maps, a move aimed at preparing a digital database, officials said on Monday.
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GST On Cigarettes, Tobacco, Aerated Beverages May Be Hiked To 35%
The GoM on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35 per cent from the present 28 per cent, an official said.
-
Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
-
Online Gaming Companies Say 28 Percent GST Will Limit Their Business, Lead to Lakhs of Job Losses
Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...
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Government Panel On Online Gaming, Casinos, Horse Racing Broadly Agree On 28% GST
The GoM on online gaming, horse racing and casinos had a broad agreement that a 28 per cent GST should be levied on all the three supplies.
-
Online Games Could Soon Levy Higher GST; Government Planning to Classify Them as Games of Skills, Chance
The Finance Ministry is considering classifying online gaming into categories of skill and chance, and levying a differential rate of GST, an official said. Currently, online gaming attracts 18 percent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals.
-
Panel On GST (Tax) Levy On Online Gaming, Casinos To Submit Report Next Week
Conrad Sangma-headed Group of Ministers (GoM) held its final meeting on the issue earlier this week and is understood to have recommended a GST levy of 28 per cent on online gaming,
-
Government to Finalise GST Rates on Online Gaming in August: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman mentioned that the GST rates on online gaming, horse racing and casinos will be finalised in the 48th GST Council Meeting which will be held in August in Madurai. She also added that the compensation can be continued at least for a few years.
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Asked To Re-Deliberate Tax Rate On Online Gaming, Casinos By July 15: Nirmala Sitharaman
The Goods and Services Tax (GST) Council has asked the Group of Ministers (GoM) to re-deliberate the tax rate on horse racing, online gaming and casinos by July 15, Finance Minister Nirmala Sitharaman said while addressing the media after a two-day meeting.
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Want Liquor Delivered To Door Step? It May Be A Reality In Delhi Soon
Home delivery of liquor in the national capital is likely to see the light of the day soon, as a group of ministers (GoM) of the Delhi government has given a go ahead to it, officials said on Tuesday.
-
2022 Skoda Kodiaq Facelift Launch Details Out
The 2022 Skoda Kodiaq facelift gets subtle design updates and more features on the inside, and will be offered in India as a completely knocked down (CKD) unit.
-
Deliberate Attempt To Keep Congress Out Of GST Group Of Ministers: Ashok Gehlot
Rajasthan Chief Minister Ashok Gehlot on Tuesday alleged that a deliberate attempt was made to keep the opposition Congress out of the Group of Ministers (GoM) set up after the GST Council Meet on May 28.
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Chhattisgarh Chief Minister Slams Centre For Excluding Congress Members From GST Group
Chhattisgarh Chief Minister Bhupesh Baghel on Tuesday slammed the centre for allegedly keeping out the members of Congress-ruled states from the group of ministers (GoM) constituted by the GST Council for exemption of tax on essential goods related t
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Madhya Pradesh: Group Of Ministers To Prepare Plan To Run Educational Institutes
The GoM will suggest the strategy to run educational institutes, including private and government schools, colleges, universities and other training institutes amid the pandemic, an official order said.
-
Editors Guild Expresses "Shock And Disbelief" At Centre's Report On Media
The Editors Guild of India (EGI) on Tuesday expressed "shock and disbelief" at the recent report of a group of ministers (GoM) suggesting steps to "neutralise" the negative narrative against the government.
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Delhi Excise Department Asks Clubs, Restro-Bars to Share Locations Using Google Maps for Digital Database
The Delhi Excise Department has directed owners of clubs, restaurants, and hotels in the city to share the location of their establishments using Google Maps, a move aimed at preparing a digital database, officials said on Monday.
