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Tag: GST

Casino Operator Delta Corp Gets Rs 11,140 Crore Tax Notice

Posted on September 22, 2023 By admin
Casino Operator Delta Corp Gets Rs 11,140 Crore Tax Notice

Delta Corp said that it will pursue all legal remedies to challenge such GST demand. (representational) Bengaluru: Casino operator Delta Corp said on Friday it has received a notice from the government to pay a tax of Rs 11,140 crore along with interest and penalty for the period July 2017 to March 2022. The tax…

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Nation

Centre Launches GST Reward Scheme In 6 States And Union Territories

Posted on September 1, 2023 By admin
Centre Launches GST Reward Scheme In 6 States And Union Territories

Centre and states has kept Rs 30-crore corpus for this fiscal for the GST reward scheme. Gurugram: The GST lucky draw ‘Mera Bill Mera Adhikar’ scheme was launched in six states and Union Territories on Friday and the Centre and states have set aside a Rs 30-crore corpus for this fiscal for the reward scheme….

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Business

GST Council sticks to its guns, imposes 28% tax on online gaming 

Posted on August 2, 2023 By admin
GST Council sticks to its guns, imposes 28% tax on online gaming 

Union Finance Minister Nirmala Sitharaman with Union MoS for Finance Pankaj Chaudhary and Revenue Secretary Sanjay Malhotra during the 51st Goods and Services Tax (GST) Council Meeting, in New Delhi, on August 2, 2023. | Photo Credit: PTI The GST Council on August 2 blinked a little on technicalities and kept the door open for…

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Business

GST Council to impose 28% tax on online gaming firms

Posted on July 11, 2023 By admin
GST Council to impose 28% tax on online gaming firms

Union Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 50th Goods and Services Tax (GST) Council Meeting at Vigyan Bhawan, in New Delhi, on July 11, 2023. | Photo Credit: PTI The Goods and Services Tax (GST) Council, at its 50th meeting on July 11, reduced or clarified the tax rate on…

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Business

A balance between capital outlays and fiscal prudence

Posted on February 1, 2023 By admin
A balance between capital outlays and fiscal prudence

Construction of the Coastal Road Project in Mumbai. | Photo Credit: PTI The Budget comes at a time when the government faces a delicate balancing act between expenditure priorities and the need for fiscal prudence as it is the last full Budget before the general elections. From a macroeconomic standpoint, two areas were of concern:…

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