latest news on GST

GST’s half-a-decade journey: Tech usage to plug revenue leaks, Rs 1.3 lakh crore monthly tax ‘new normal’

India’s biggest tax reform, the Goods and Services Tax (GST), completes its half-a-decade journey on June 30, with many hits and some misses, and also brought about a paradigm shift in use of technology to bring about tax compliance and making over Rs 1 lakh crore revenue collection every month ‘a new normal’. A nationwide […]

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GST Council defers decision to hike tax rate on online gaming to 28%

The Goods and Service Tax (GST) Council on Wednesday deferred a decision on the proposal to raise the GST on online gaming from 18% to 28% on the skill gaming to bring it at par with chance games involving gambling and betting, Karnataka chief minister BS Bommai said. ”The decision on online gaming has been

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GST Council to discuss removing exemptions on host of services

The GST Council in its two-day meeting that began here on Tuesday will deliberate on the recommendations for withdrawal of GST exemption on a host of services including on hotel accommodation of less than Rs 1,000 per day, sources said.The Council, headed by Union Finance Minister Nirmala Sitharaman and including representatives of all states and

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