Searched for
GST RATE ON LOTTERIES
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...- IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
- Kerala to see Rs 8,000-10,000 cr annual revenue loss due to GST rate rationalisation: FM BalagopalKerala anticipates an annual revenue loss of Rs 8,000 to Rs 10,000 crore due to GST rate cuts, according to Finance Minister K N Balagopal....
- GST on lottery: SC’s recent judgement is a setback for the industry, but has a ray of hopeAfter much hue and cry from the lottery industry recently, a single rate of 28% has been introduced by the exchequer on all kinds of lotter...
- Indian lottery business has a Rs 50,000-crore problem after SC ruling on lotteriesThe question now is whether lottery sellers would pass on the GST cost to the consumers, by increasing the price of the lottery tickets, or...
- GST can be levied on lotteries, says Supreme Court; upholds government noticeThe bench was dealing with a petition filed by Skill Lotto Solutions Pvt Ltd, an authorised agent for sale and distribution of lotteries or...
- Lotteries to attract 28 per cent GST from March 1The GST Council had in December last year decided to impose a single rate of 28 per cent on state-run and authorised lotteries. The revenue...
- Govt plans GST lottery offers of Rs 10 lakh-Rs 1 cr for encouraging customers to ask for bills"We have come with the new lottery system. Every bill under GST is supposed to be a price-winning lottery ticket. It will go for a draw and...
- GST Council votes for a change, shifts lotteries to highest slabThe single rate will come into effect from March 1, 2020, reports said. The 38th meeting of the GST Council chaired by finance minister Nir...
- GST Council meeting today: Lease rates, refund for exporters and extra cess on agendaGST Council may clarify rates on long-term leases. If approved, this will benefit manufacturing and realty cos.
- Government looks at 28% GST on lotteryThe lottery industry, which is controlled by a handful of operators, is pitching for a uniform 12% levy and removal of tax on prize money.
- GST cut for outdoor catering on the cardsState governments and the lottery industry had represented to the GST Council on the issue earlier and it had set up a group of ministers t...
- GST Council to decide on tax cut on EVs this weekTo push domestic manufacturing of e-vehicles, the Centre proposed to the Council to slash GST rates to 5 per cent from 12 per cent.
- 35th GST council meet: Single return for all businesses from January 1, 2020The GST Council also extended the date for filing annual returns under the GST by two months to August 30.
- Sitharaman's first GST Council meet to decide on NAA extension, single point refund systemThe Council is likely to discuss a mechanism for single point sanctioning and processing GST refunds.
- GST Council defers decision on tax on real estate; extends deadline for sales returnsThe due date for filing summary sales return - GSTR-3B - is February 20.
- GoM favours uniform tax on lottery, GST Council to decide rate on February 20Currently, a state-organised lottery attracts 12 per cent GST while a state-authorised lottery attracts 28 per cent tax.
- GST panel to study uniform tax rate on lotteryThe GST Council has constituted an eight-member Group of Ministers under Maharashtra Finance Minister Sudhir Mungantiwar, the Finance Minis...
- GST Council to meet on Jan 10; to consider 5% GST on under-construction flatsCurrently, businesses with a turnover of up to Rs 20 lakh are exempted from GST. The Council could consider hiking the threshold to Rs 75 l...
- Modi government set to put lottery tickets in the 28% GST bracket“The taxation has to be logical,” said Rahul Tangri, president, Playwin, an electronic lottery provider. “It would be very unfair if the go...
Load More
