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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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From Income Tax Rules To New GST E-Way Bill; Changes That Came Into Effect From April 1
State Bank of India (SBI) is now charging less for non-maintenance of average monthly balance (AMB) on savings accounts.
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Credit Card Bills, Insurance Premiums To Get Costlier Under GST
Starting from July 1, GST will replace all indirect taxes like service tax and VAT.
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Uttar Pradesh Legislature Passes GST Bill
The Uttar Pradesh legislature today unanimously passed the UP Goods and Service Tax Bill 2017, paving the way for the Narendra Modi government to roll out the indirect tax regime from July 1. It being a money bill, the proposed legislation was returned by voice vote by the legislative council hours after the state assembly approved it unanimously.
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Opinion: Football Jersey No 110 for Arun Jaitley, Please
After sterling and cross-party work to bring the Goods and Services Tax (GST) regime into effect, it was disappointing that the BJP-led government introduced the GST Bills in Parliament as Money Bills. This allowed it to essentially bypass the Rajya Sabha, ignore its views, and let the government romp home on the basis of its Lok Sabha majority.
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Rahul Gandhi Hunts For Support For Today's Vote On GST Tax Reform Bills
Congress Vice President Rahul Gandhi met CPM leader Sitaram Yechury for 45 minutes today, over a cup of coffee, the latter said. Mr Gandhi has sought the Left's support for an amendment that the Congress' Jairam Ramesh will seek tomorrow when four GST or Goods and Services Tax bills are voted on in the Rajya Sabha.
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Rajya Sabha Objects, Lok Sabha Rejects. Finance Bill Passed In Parliament
The Finance Bill 2017 has been approved by parliament, with the Lok Sabha on Thursday rejecting five amendments that were proposed by opposition parties and adopted on Wednesday by the Rajya Sabha, where the government is in a minority.
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GST Bill Debate: Rajya Sabha Undermined, All Members Should Resign, Says Congress' Veerappa Moily
Congress leader Veerappa Moily, speaking during the debate on GST bills, dared all members of the Rajya Sabha today to quit "if they have some pride left". Mr Moily's counsel is based on the Congress premise that the government has demonstrated its determination to exclude the Rajya Sabha from any say in legislation.
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Finance Minister Arun Jaitley Briefs Lawmakers About GST Bills Introduced In Lok Sabha
Finance Minister Arun Jaitley today briefed lawmakers about the four GST bills introduced in Lok Sabha which will be taken up for consideration on Wednesday.
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For GST Bill, 7-Hour Debate On Wednesday, PM Narendra Modi's Review Today: 10 Facts
Prime Minister Narendra Modi has called a meeting of his council of ministers today to brief them ahead of a seven-hour debate on Wednesday in the Lok Sabha on the government's mega reform, the Goods and Services Tax. Four bills crucial to the implementation of GST will be passed at the end the debate; they were introduced in the lower house yester...
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Government Keen On Proper Discussion On GST Bills In Parliament
Government is keen to have proper discussion on the three GST legislations in Parliament even as the Lok Sabha today pushed through the I-T Amendment Bill amid din without debate.
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For Smooth Passage, Centre Plans To Bring GST Bills As Money Bills
With several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
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Mutual Funds Invest Rs 8,000 Crore In Equities In October
A mutual fund is an investment vehicle with a pool of funds collected from various investors to buy stocks, bonds, money market instruments and similar assets.
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Why Truck Drivers on India's Highways Need GST: NDTV Exclusive
The flagship Goods and Services Tax bill that was recently passed by parliament has been hailed as transformative in many ways. But truck drivers on India's highways hope it will rescue them from what they call "harassment" at the border check-posts of the country.
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GST Impact: Cars, FMCG Items To Get Cheaper, Services More Expensive
Luxury cars, FMCG products, consumer durables, electronics items and readymade garments will become cheaper once Goods and Services Tax or GST is rolled out next year, but mobile phones, banking and insurance services, telephone bills as well as air travel will be dearer due to higher tax.
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
From Income Tax Rules To New GST E-Way Bill; Changes That Came Into Effect From April 1
State Bank of India (SBI) is now charging less for non-maintenance of average monthly balance (AMB) on savings accounts.
-
Credit Card Bills, Insurance Premiums To Get Costlier Under GST
Starting from July 1, GST will replace all indirect taxes like service tax and VAT.
-
Uttar Pradesh Legislature Passes GST Bill
The Uttar Pradesh legislature today unanimously passed the UP Goods and Service Tax Bill 2017, paving the way for the Narendra Modi government to roll out the indirect tax regime from July 1. It being a money bill, the proposed legislation was returned by voice vote by the legislative council hours after the state assembly approved it unanimously.
-
Opinion: Football Jersey No 110 for Arun Jaitley, Please
After sterling and cross-party work to bring the Goods and Services Tax (GST) regime into effect, it was disappointing that the BJP-led government introduced the GST Bills in Parliament as Money Bills. This allowed it to essentially bypass the Rajya Sabha, ignore its views, and let the government romp home on the basis of its Lok Sabha majority.
-
Rahul Gandhi Hunts For Support For Today's Vote On GST Tax Reform Bills
Congress Vice President Rahul Gandhi met CPM leader Sitaram Yechury for 45 minutes today, over a cup of coffee, the latter said. Mr Gandhi has sought the Left's support for an amendment that the Congress' Jairam Ramesh will seek tomorrow when four GST or Goods and Services Tax bills are voted on in the Rajya Sabha.
-
Rajya Sabha Objects, Lok Sabha Rejects. Finance Bill Passed In Parliament
The Finance Bill 2017 has been approved by parliament, with the Lok Sabha on Thursday rejecting five amendments that were proposed by opposition parties and adopted on Wednesday by the Rajya Sabha, where the government is in a minority.
-
GST Bill Debate: Rajya Sabha Undermined, All Members Should Resign, Says Congress' Veerappa Moily
Congress leader Veerappa Moily, speaking during the debate on GST bills, dared all members of the Rajya Sabha today to quit "if they have some pride left". Mr Moily's counsel is based on the Congress premise that the government has demonstrated its determination to exclude the Rajya Sabha from any say in legislation.
-
Finance Minister Arun Jaitley Briefs Lawmakers About GST Bills Introduced In Lok Sabha
Finance Minister Arun Jaitley today briefed lawmakers about the four GST bills introduced in Lok Sabha which will be taken up for consideration on Wednesday.
-
For GST Bill, 7-Hour Debate On Wednesday, PM Narendra Modi's Review Today: 10 Facts
Prime Minister Narendra Modi has called a meeting of his council of ministers today to brief them ahead of a seven-hour debate on Wednesday in the Lok Sabha on the government's mega reform, the Goods and Services Tax. Four bills crucial to the implementation of GST will be passed at the end the debate; they were introduced in the lower house yester...
-
Government Keen On Proper Discussion On GST Bills In Parliament
Government is keen to have proper discussion on the three GST legislations in Parliament even as the Lok Sabha today pushed through the I-T Amendment Bill amid din without debate.
-
For Smooth Passage, Centre Plans To Bring GST Bills As Money Bills
With several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
-
Mutual Funds Invest Rs 8,000 Crore In Equities In October
A mutual fund is an investment vehicle with a pool of funds collected from various investors to buy stocks, bonds, money market instruments and similar assets.
-
Why Truck Drivers on India's Highways Need GST: NDTV Exclusive
The flagship Goods and Services Tax bill that was recently passed by parliament has been hailed as transformative in many ways. But truck drivers on India's highways hope it will rescue them from what they call "harassment" at the border check-posts of the country.
-
GST Impact: Cars, FMCG Items To Get Cheaper, Services More Expensive
Luxury cars, FMCG products, consumer durables, electronics items and readymade garments will become cheaper once Goods and Services Tax or GST is rolled out next year, but mobile phones, banking and insurance services, telephone bills as well as air travel will be dearer due to higher tax.
