GST council to take final call on 28% levy on online gaming, casinos & horse racing
The gaming industry has requested the government to make a distinction between games of chance like gambling and games of skill.
Source: thenewsminute.com
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EZTax Releases Budget 2023 Expectations, Sees a Significant Shift
Today, leading tax tech startup EZTax released its pre-budget 2023 expectations and how such a budget could be funded as part of its yearly straight talk sessions on pre- and post-budget analysis.
Source: businesswireindia.com
Brick kiln owners protest against GST hike; demand revert to old 1%
From 1 per cent, the Goods and Services Tax (GST) rate has been increased to 6 per cent effective April 1, 2022.
Source: india.com
Why "Make-in-India" is a big challenge for luxury carmakers in India
According to ICRA, the market contracted by almost 50 per cent over CY2019-CY2020 -- from annual volumes of about 39,640 in CY2018 to about 19,439 in CY2020. Last year, the industry crossed around 30,000 units.
Source: businesstoday.in
GST on online gaming, casinos and horse racing soon, might be put in 28% slab
With the advent of technology and the use of handheld devices, the online gaming market is fast growing at US$ 3 billion with more than 400 million users and is expected to grow rapidly in the next half a decade.
Source: businesstoday.in