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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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Government Tax Panel Said to Be Unlikely to Reach Consensus on Taxing Online Gaming in December
A government panel of state finance ministers has not yet submitted its report on plans to tax the online gaming sector, according to a government official. The panel is yet to decide whether to talk the profits of these firms, or the value of the entire pool of money collected from game participants.
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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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Ministers' Panel May Recommend 28% GST (Tax) On Online Gaming: Report
The panel of state finance ministers is likely to recommend a uniform GST (Goods and Services Tax) levy of 28 per cent on online gaming irrespective of whether it is a game of skill or game of chance, sources said.
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GST (Tax) Law Panel Working With Experts To Define "Games Of Skill, Chance"
Centre and state GST officers are working with online gaming sector experts to define 'games of skill' and 'games of chance' with a view to design different taxation structures for them, sources said.
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Paneer, Meat, Papad Will Cost You More From July 18. Details Here
The Goods and Services Tax (GST) Council has accepted the recommendations of a panel of State Finance Ministers and Fitment Committee to bring unbranded but packed (local) dairy and agricultural products within the ambit of a 5 per cent tax rate slab.
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28% GST Likely On Casinos, Online Gaming, Race Course
The GST Council in its meeting this week is likely to vet a proposal of the panel of state finance ministers on levying 28 per cent GST on online gaming, casinos and horse racing, sources said.
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Crypto Sales Tax At 28%? Discussions Next Week
An Indian ministerial panel will meet next week to discuss a goods and services tax on cryptocurrency transactions, people with knowledge on the matter said.
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Ministers' Panel Likely To Suggest Withdrawal Of Exemptions To Select RBI Services
Ministers' panel on rate rationalisation is likely to suggest withdrawal of exemptions given to hospitals with room rates more than Rs 5,000 per day
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Are GST Tax Rate Tweaks Coming? Meeting Of Ministers On Friday: Report
The panel of ministers on GST rate rationalisation is scheduled to meeton June 17to discuss possible tweaking in tax rates, sources said.
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28% GST On Casinos, Race Course, Online Gaming: Panel Of Ministers' Final Report
The panel of ministers tasked to review the GST levy on casinos, race courses and online gaming has finalised its report, which will be taken up in the upcoming GST Council meeting.
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GST Council May Consider Raising Lowest Slab To 8%, Rationalise Structure
GST council may look at raising the lowest tax slab to 8 per cent, from 5 per cent and prune the exemption list in the regime
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Government Forms Two Panels To Rationalise GST Slabs, Cut Evasion
Finance Ministry has set up two panels which will look into issues like rationalisation of GST slabs and easing compliance for tax payers.
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GST Panel May Consider Bringing Petrol, Diesel Under GST Ambit: Report
GST Council might consider taxing petrol, diesel and other petroleum products under the single national GST regime.
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Attorney General To Be Consulted On Centre vs States GST Row, Again
The centre vs states stand-off over Rs 2.35 lakh crore due in GST compensation and Covid-related relief payments will be placed before the Attorney General, Finance Ministry officials told a parliamentary panel Friday afternoon
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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.
-
Government Tax Panel Said to Be Unlikely to Reach Consensus on Taxing Online Gaming in December
A government panel of state finance ministers has not yet submitted its report on plans to tax the online gaming sector, according to a government official. The panel is yet to decide whether to talk the profits of these firms, or the value of the entire pool of money collected from game participants.
-
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,
-
Ministers' Panel May Recommend 28% GST (Tax) On Online Gaming: Report
The panel of state finance ministers is likely to recommend a uniform GST (Goods and Services Tax) levy of 28 per cent on online gaming irrespective of whether it is a game of skill or game of chance, sources said.
-
GST (Tax) Law Panel Working With Experts To Define "Games Of Skill, Chance"
Centre and state GST officers are working with online gaming sector experts to define 'games of skill' and 'games of chance' with a view to design different taxation structures for them, sources said.
-
Paneer, Meat, Papad Will Cost You More From July 18. Details Here
The Goods and Services Tax (GST) Council has accepted the recommendations of a panel of State Finance Ministers and Fitment Committee to bring unbranded but packed (local) dairy and agricultural products within the ambit of a 5 per cent tax rate slab.
-
28% GST Likely On Casinos, Online Gaming, Race Course
The GST Council in its meeting this week is likely to vet a proposal of the panel of state finance ministers on levying 28 per cent GST on online gaming, casinos and horse racing, sources said.
-
Crypto Sales Tax At 28%? Discussions Next Week
An Indian ministerial panel will meet next week to discuss a goods and services tax on cryptocurrency transactions, people with knowledge on the matter said.
-
Ministers' Panel Likely To Suggest Withdrawal Of Exemptions To Select RBI Services
Ministers' panel on rate rationalisation is likely to suggest withdrawal of exemptions given to hospitals with room rates more than Rs 5,000 per day
-
Are GST Tax Rate Tweaks Coming? Meeting Of Ministers On Friday: Report
The panel of ministers on GST rate rationalisation is scheduled to meeton June 17to discuss possible tweaking in tax rates, sources said.
-
28% GST On Casinos, Race Course, Online Gaming: Panel Of Ministers' Final Report
The panel of ministers tasked to review the GST levy on casinos, race courses and online gaming has finalised its report, which will be taken up in the upcoming GST Council meeting.
-
GST Council May Consider Raising Lowest Slab To 8%, Rationalise Structure
GST council may look at raising the lowest tax slab to 8 per cent, from 5 per cent and prune the exemption list in the regime
-
Government Forms Two Panels To Rationalise GST Slabs, Cut Evasion
Finance Ministry has set up two panels which will look into issues like rationalisation of GST slabs and easing compliance for tax payers.
-
GST Panel May Consider Bringing Petrol, Diesel Under GST Ambit: Report
GST Council might consider taxing petrol, diesel and other petroleum products under the single national GST regime.
-
Attorney General To Be Consulted On Centre vs States GST Row, Again
The centre vs states stand-off over Rs 2.35 lakh crore due in GST compensation and Covid-related relief payments will be placed before the Attorney General, Finance Ministry officials told a parliamentary panel Friday afternoon
