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Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...- Online gaming, casinos liable to 28 per cent GST since beginning: Revenue Secretary Sanjay Malhotra"Certain members had raised the issue of retrospective taxation. It was informed to them that this is not retrospective, and this was the l...
- GST: GoM on online gaming, casinos submits report to Nirmala Sitharaman"Presented the Second Report of the Group of Ministers (GoM) on casinos, race courses & online gaming to the Hon'ble Union Finance Minister...
- Online gaming industry okay with 28% GST on gross gaming revenue, but not on entry amountThe 47th GST Council meeting held in June had directed that the Group of Ministers on Casino, Race Course and Online Gaming re-examine the ...
- GST Council to meet on December 17 via video link"The 48th Meeting of the GST Council will be held on 17th December, 22022 by video conference," the GST Council tweeted late Friday evening...
- GoM on casinos, online gaming taxation likely to submit final report in 7-10 daysThe Group of Ministers (GoM), headed by Meghalaya chief minister Conrad Sangma, will however, meet stakeholders said seek legal opinion bef...
- GST Council defers tax on casinos, lottery; no decision on extending GST compensation to statesThe GST Council deferred the decision on levying a 28% tax on casinos, online gaming, horse racing and lottery pending more consultations w...
- 28% GST likely on casinos, online gaming, horse races on gross revenueCurrently, services of casinos, horse racing and online gaming attract 18 per cent GST. The GoM would decide on the method of valuing the s...
- GST council to meet on June 28-29 in SrinagarThe council meeting assumes significance as it is expected to discuss the report of the panel of state ministers on rate rationalisation an...
- GST Council may consider modification in monthly tax payment form for better input tax credit reportingAccording to officials, the modified form will provide clarity with regard to gross input tax credit (ITC) due to the taxpayer, the amount ...
- Group of Ministers agree to levy 28% GST on casino, race course and online gamingThe GoM, headed by Meghalaya chief minister Conrad Sangma, met earlier in the month to discuss the valuation of services provided by casino...
- Online gaming industry pitches for retaining 18% GSTThe issue has gained traction as the GST Council in its next meeting may take a call on hiking rate on on casino, race course and online ga...
- Meghalaya CM Conrad K Sangma chairs meet on casinos, online gamingThe GoM was constituted by the ministry of finance to study the GST rates for casinos, race courses and online gaming. It will take into ac...
- Ministers' panel unanimous on 28 pc GST on casino, online gaming, horse racing: West Bengal FM Chandrima BhattacharyaAt present, services of casino, horse racing and online gaming attract 18 per cent GST (Goods and Services Tax).
- GST only on horse race commissions: Karnataka HCHorse Racing clubs can pay goods and services tax on commissions instead of the full betting amount, the Karnataka High Court ruled on Frid...
- Panel of state ministers to examine valuation of services by casinos, online gaming for GSTThe seven-member panel, convened by Gujarat Deputy Chief Minister Nitin Patel, will also examine whether any change is required in the lega...
- GST Council constitutes GoM to look into online gaming, race courses, casinosThe Council has set four-point terms of reference for the GoM which will include examining the taxability of certain transactions in casino...
- Horse-racing clubs bet on online forums to stay afloatMumbai club is in talks with Paytm’s gaming arm to see the feasibility of digital betting amid Covid-19. The racegoers may not find too man...
- Need to evaluate the likely impact of GST structure on common man: Priyanka Chaturvedi, AICCWe are not acting as an obstruction; there are three major issues with the GST bill that Congress wants to be debated, says Chaturvedi.
- PM Narendra Modi invited Sonia Gandhi, Manmohan Singh under public pressure: Rahul GandhiThe Congress Vice-president also hit out at the attitude of Modi government, saying, "This is not the normal way of transacting business."
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