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"gst"

  • Delhi govt to demand withdrawal of 28 pc tax on online gaming industry at GST meet: Atishi

    Delhi Finance Minister Atishi criticised the Centre over the imposition of 28 per cent tax on online gaming industry, adding that the Council should consider withdrawing the tax evasion notices
  • Online gaming firms to levy 28% tax on full bet value

    KPMG Indirect Tax Head & Partner, Abhishek Jain said with the said provisions being made effective from October 1, industry needs to ensure appropriate readiness for adoption of the revised taxation.
  • FinMin notifies Oct 1 date for implementing amended GST law provisions for e-gaming

    Finance Ministry has notified October 1 as the date for implementation of the amended GST law provisions for taxing e-gaming
  • “Northeastern states have been the biggest beneficiaries of GST,”: Union Finance Minister Nirmala Sitharaman

    Inaugurating 'The Conclave 2023,' hosted by the Pratidin Media Network, Sitharaman shed light on the substantial advantages that the northeastern states have reaped from the implementation of the GST.
  • Government has no plans to impose taxes on diesel vehicles, says Gadkari

    Earlier this week, the road, transport and highway minister's remarks regarding the need to levy 10 per cent tax on diesel-run vehicles to help cut emissions had generated lots of controversy.
  • Gadkari seeks 10 per cent additional GST on diesel vehicles as pollution tax

    Nitin Gadkari on Tuesday said he will seek a "pollution tax" in the form of additional GST of 10 per cent on diesel vehicles
  • World way off track to meet Paris goals, says UN report

    It also stresses the importance of halting deforestation, reducing non-CO2 emissions, and implementing supply- and demand-side measures.
  • Markets climb in early trade on firm global trends, encouraging domestic macroeconomic data

    Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data
  • Global trends, macroeco data, trading activity of foreign investors to drive market trends: Analysts

    Macroeconomic data announcements, global trends and trading activity of foreign investors would guide momentum in the equity market this week
  • GST collections for August at Rs 1,59,069 crore, 3.6 per cent lower than July

    The gross GST revenue collected in August stood at Rs 1,59,069 crore, which was 3.6 per cent less than Rs 1,65,105 crore collected in July
  • Revenue secretary predicts 11% YoY growth in August GST revenue

    "Roughly numbers are in the range of 11 per cent year on year growth as in earlier months," Sanjay Malhotra told reporters.
  • Indian gaming industry should develop games based on our culture: Ministry

    Industry players have lamented that taxing GST on deposits rather than the technology platform commission charged by the companies will make the unit economics unviable, wiping out 80 per cent of the industry.
  • Parliament passes bills to levy 28 pc GST on e-gaming, making registration mandatory for offshore platforms

    Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming
  • FM Sitharaman to present Central GST Amendment Bill on last day of monsoon parliament session

    PM Modi said that all efforts will be made to restore peace in the northeastern state which will soon walk the path of progress.
  • Centre proposes 28% GST on online gaming and casinos, seeks Amendment to GST Act

    The proposed change to the Central Goods and Services Tax Act will enable the implementation of a 28 percent GST rate for horse racing, online gaming, and casinos.
  • After MPL, gaming startup Hike lays off 22 pc of employees amid GST row

    Business is in best shape ever but this 400 per cent increase in GST is a bazooka pointed at us, Hike founder Mittal said in a statement
  • Cabinet clears changes to GST laws to levy 28% GST on online gaming, casinos, horse race clubs

    The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament
  • 28 per cent GST on casinos, online gaming will result in higher revenues: FM Nirmala Sitharaman

    The online gaming segment grew by 28 per cent in 2021 to reach USD 1.9 billion, as per NITI Aayog estimates
  • Imposition GST on deposits could potentially eliminate 80% of online gaming industry

    They assert that the majority of the casualties will be concentrated in MSMEs and startups that host new-age business models.
  • 28 per cent GST on online gaming stays; to be reviewed after 6 months of roll-out

    GST Council on Wednesday decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at entry level
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