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gst council

Parliamentary Panel Suggests Government Propose to GST Council: Reduce Tax Rates on Fertilisers from 5%

by Craig Fedirighi
Parliamentary Panel Suggests Government Propose to GST Council: Reduce Tax Rates on Fertilisers from 5%

A Parliamentary panel has recommended that the government should propose to the GST Council to reduce tax rates on fertilisers from the current 5 per cent. In its report laid …

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Categories Business

Key Announcements from GST Council Meeting Regarding Online Gaming: Implementation of 28% GST

by Ev Richard
Key Announcements from GST Council Meeting Regarding Online Gaming: Implementation of 28% GST

The decision to impose a 28% tax on online games, horse trading, and casinos stays. This was announced by the finance minister Nirmala Sitharaman at the GST Council’s meeting on …

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Categories Technology

AAR Determines 12% GST for Hostel Accommodation, GST Exemption No Longer Applicable

by Craig Fedirighi
AAR Determines 12% GST for Hostel Accommodation, GST Exemption No Longer Applicable

Students will have to shell out more for hostel accommodation as a 12 per cent GST would be applicable on the rent paid, the Authority of Advance Ruling said in …

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Categories Business

Next week’s GST Council meeting set to address technical challenges in online gaming

by Craig Fedirighi
Next week’s GST Council meeting set to address technical challenges in online gaming

The Goods and Services Tax (GST) Council may meet again next week to address technical issues regarding repetitive taxation in determining the face value for online gaming and casinos before …

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Categories Business

30 Indian and international investors call for Prime Minister Narendra Modi’s immediate intervention regarding 28% GST on gaming, including online gaming

by Ev Richard
30 Indian and international investors call for Prime Minister Narendra Modi’s immediate intervention regarding 28% GST on gaming, including online gaming

A group of 30 Indian and foreign investors have written a joint letter to Prime Minister Narendra Modi expressing concern over the proposed imposition of 28% GST on online gaming. …

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Categories Technology

Ministers of Goa and Karnataka Oppose GST Council’s 28% Tax Imposition on Online Gaming

by Ev Richard
Ministers of Goa and Karnataka Oppose GST Council’s 28% Tax Imposition on Online Gaming

The recent decision by the GST council to impose a 28% tax on the full face value of bets in online gaming has left the industry in dismay. This decision …

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Categories Technology

Increase in GST Cess Leads to 2% Price Surge for SUVs and MPVs

by Adesola Mojo
Increase in GST Cess Leads to 2% Price Surge for SUVs and MPVs

Owning a large utility vehicle which includes an SUV and an MPV (multi-purpose vehicle) will become more expensive. Prices of UVs, those above four meters are likely to go up …

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Categories Automobile

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