gst council

September 2024

GST Council meet: Revenue from e-gaming GST up 412%, says FinMin

After Monday's GST Council meet, Finance Minister Nirmala Sitharaman emphasised that the significant revenue increase is attributed to the higher tax levy on online gaming.

By Vidhi Taparia

June 2024

GST Council meeting on June 22 in New Delhi

The agenda for the meeting is not known yet.

By fortuneindia.com

October 2023

Delta Corp shares drop 9%; hit 52-week low on another tax notice worth ₹6,384 cr

Just last month, Delta Corp had received GST notices worth ₹16,822 crore for the payment of shortfall tax

By fortuneindia.com

September 2023

ICICI Lombard gets ₹1,729 cr tax demand from GST Intelligence; stock dips 1.7%

Tax demand pertains to "non-payment of GST” on co-insurance premium and re-insurance commission

By fortuneindia.com

August 2023

GST Council likely to define online gaming, virtual digital assets tomorrow

Clarifications and clear definitions of various aspects of monetary bets, deposits, use of digital virtual assets in the gaming ecosystem are likely to be taken up by the GST Council.

By Ashutosh Kumar

July 2023

GST Council meet on Aug 2 to discuss 28% tax on online gaming

In its meeting on July 11, GST Council recommended online gaming to be taxed at 28% on full face value, along with horse racing and casinos

By Ashutosh Kumar

28% GST on online gaming: Top Indian, foreign investors urge PM Modi to roll back decision

Investors rue the latest decision to impose proposed GST on 'full value of bets' will increase tax burden by 1,100%, and 50-70% of every rupee will go towards GST, making biz model “unviable”

By fortuneindia.com