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1 min read
GST on casinos, lotteries, horse races deferred as Nirmala Sitharaman reconsiders
The GST Council on Wednesday deferred decision on levying a 28 per cent tax on casinos, online gami…
PTI
1 min read
Lotteries to attract uniform 28% GST rate from March 1
Lotteries will now attract a 28 per cent uniform Goods and Services Tax (GST) from March 1.
2 mins read
8 in 10 Indians want 28% or higher GST on casinos, online games and horse races
Six in ten Indians are in favour of keeping cryptocurrencies under the 28% or higher goods and serv…
1 min read
Voting at GST Council to decide on tax on lottery
New Delhi, Dec 18 () In an unprecedented move, GST Council - the highest decision making body of th…
PTI
2 mins read
SIMPLY PUT: How will the GST council’s tax changes affect family budgets?
GST rates were being revised to rationalise tax on certain goods and services to correct a…
2 mins read
India’s ₹60,000 crore lottery industry is blaming GST for their loss of fortune
Sugal and Damani who market government licenced lotteries have cut two-thirds of their points of…
2 mins read
India may expand taxes on crypto beyond IT and TDS – government reportedly mulling 28% GST
The crypto industry has already been buckling under income tax and TDS. Trading volumes in India fe…
2 mins read
India is working on crypto classification under GST law
The government is working on classification of cryptocurrency as goods or services under the GST la…
PTI
1 min read
Lottery tickets to attract maximum GST rates
Up until now, states that allow lotteries have had minimal or zero tax levied on them. …
1 min read
Govt plans GST lottery offers of Rs 10 lakh-Rs 1 cr for encouraging customers to ask for bills
New Delhi, Feb 4 () The government is planning to introduce lottery offers between Rs 10 lakh and R…
PTI
3 mins read
GST Council meet: Most states were opposed to change in slabs, hike in GST
New Delhi, Dec 18 () Most of the states opposed change in slabs or hike in GST during the crucial G…
PTI
4 mins read
GST compensation: States say Centre staring at sovereign default; GST Council sees 1st ever voting
New Delhi, Dec 18 () In a development with far-reaching implications, non-BJP ruled states on Wedne…
PTI
2 mins read
GST on cellphones, footwear, textiles to be rationalised on March 14
According to the panel, manufactured goods like fertilisers, mobile phones, footwear, renewable en…
PTI
2 mins read
With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars
Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…
2 mins read
No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi
New Delhi, Dec 21 () States are not in favour of increasing GST rates at a time when there is a con…
PTI
4 mins read
Why GST is a crucial litmus test for the government
GST, in essence, is a value added tax to be levied on both goods and services, except for a list of…
3 mins read
GST Means India Is Keen On Adopting Global Practices
In a nutshell, GST is a value added tax to be levied on both goods and services except for a list o…
2 mins read
The crypto market is in a frenzy as Bitcoin falls below $30,000, a 55% drop from its all-time high
The overall global cryptocurrency market dropped 13 per cent, and was hovering around $1.37 tril…
6 mins read
India’s cryptocurrency tax kicks in from April – here’s what investors need to know
Beginning April 1, a 30% tax will apply to all forms of virtual digital assets (VDA), or crypto ass…
2 mins read
No space for expansionary fiscal policy: Ex-CEA Arvind Subramanian
New Delhi, Dec 20 () Former Chief Economic Adviser Arvind Subramanian on Friday said there is no sp…