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Image for representation purpose only. | Photo Credit: Reuters The Finance Ministry has notified October 1 as the date for implementation of the amended GST law provisions for taxing e-gaming, casinos and horse racing. According to the changes to the Central GST Act, these supplies will henceforth be treated as “actionable claims” similar to lottery,…
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…
Read More “GST Council sticks to its guns, imposes 28% tax on online gaming ” »
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…
Read More “GST Council to impose 28% tax on online gaming firms” »