Hyderabad: The Group of Ministers (GoM) constituted by the GST Council to examine the taxation of the online gaming industry held a meeting on May 2 and reached a consensus on increasing the tax rate from 18 per cent to 28 per cent. And in the second meeting to be held on May 18, the […]
New Delhi: India Inc. has largely welcomed the decisions taken by the GST Council on Friday to exempt Covid relief items from duty and easing compliance burden for taxpayers but said the measures stopped short of giving complete exemption to taxpayers from late fee payment and also missed out on providing zero rating of Covid supplies. […]