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GST LEVY IMPACT
Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...- RBI must let rupee depreciate; use liquidity tools, not rate hikes, to curtail inflation: Duvvuri SubbaraoFormer RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested u...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backingThe Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court ...
- Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
- Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependenceThe Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasif...
- Silver rate today: Silver prices surge across IBJA, MCX, MMTC-PAMP after import duty on white metal increasedSilver prices saw a significant jump on May 13, 2026. This surge followed the government's decision to increase customs duty on silver impo...
- True cost of trading: Know about these hidden charges that impact your trading bill; here's what it really costsThere are several types of orders that investors can place on the exchange, and each interacts with the system in a distinct way. The choic...
- India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
- Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
- Dubai Gold Rates Today April 28: Check latest prices of 24K, 22K & 18K at iGold, Malabar, Joyalukkas and othersGold prices in Dubai saw a slight decrease on Tuesday, mirroring global bullion market weakness. This dip occurred amidst rising oil prices...
- EY, FICCI urge govt to reduce GST rate to 9% on hotel rooms priced above Rs 7,500 per nightA joint report by EY and FICCI suggests lowering the GST on luxury hotel rooms to 9%. This move aims to make India a more competitive touri...
- Insurance dark patterns: How customers pay higher premiums and buy unnecessary add-ons online, explain Deloitte India’s Aakash Sharma & Suchintan ChatterjeeDeloitte India’s Aakash Sharma & Suchintan Chatterjee talk to Yasmin Hussain on insurance dark patterns.
- 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...
- From $300 to $8,500 freight: West Asia war squeezes UP MSMEs, delays stretch to 60 daysExporters report shipment delays of up to 60 days, 20-30% cost escalation, and growing order uncertainty due to the West Asia conflict.
- Petrol at Rs 72, diesel at Rs 69 in Delhi? How GST could slash fuel prices in IndiaGlobal crude oil prices have surged past $110 per barrel. However, Indian retail fuel prices remain stable. This is due to government excis...
- Gaming platform Fantok suspends operations citing impact of 28% GST levyThis has come in the light of several real money gaming platforms either cutting down scale or halting operations altogether following the ...
- State appellate body upholds GST on liquidated damagesLiquidated damages are fines levied by the owner of a project to the contractor in case of cancellation or delay of trial operation within ...
- Handset companies dial Big 4 consultants to figure out GSTCos that had earlier used the platform of the Indian Cellular Association to seek a 3-month delay in the rollout are now issuing internal a...
- Post GST, Modi government to cushion impact of hike in service taxThe government will likely try and ensure that crucial services such as life or medical insurance may not see a significant increase in the...
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