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GST Council Meet: 28% GST on online gaming; exemption for cancer drugs & other key decisions

Story outline 28 per cent GST on online gaming, horse racing, and casinos on full value GST on restaurants inside Cineplex to attract 5 per cent GST MUV to attract 22 per cent cess rate, sedans not a part of it GST exempted for cancer drug and food for special medical purposes GST Council Meet key takeaways: 28% GST on online gaming; food at Cinemas to get cheaper and more The Goods and Services Tax Council after its 50th meet in New Delhi on Tuesday has agreed to levy 28 per cent GST on online gaming, horse racing, casinos on full value. GST council agreed that there should be no distinction between 'game of skill and game of chance.' While the Group of Ministers (GoM) in their previous meeting broadly agreed for the proposed taxes on the said activities, there was no consensus on online gaming as Goa proposed to impose only 18 per cent tax on platform fees. "GST of 28 % on the full value of gaming, horse racing and casino winnings will be a major damper to the gaming i...
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Bengal Panchayat Poll Results Live: TMC Headed For Sweep, Violence Continues On Counting Day

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  WB Panchayat Election Results 2023 Live Updates: Stay tuned to get all the latest, fastest, and most accurate LIVE result updates of Bengal Panchayat Election Results 2023. 11/07/2023 23:40:40 TMC Resides In Hearts Of People: CM Mamata Banerjee Chief Minister Mamata Banerjee on Tuesday thanked the people of West Bengal for the TMC's huge win in the panchayat elections. It's TMC all the way in rural Bengal. I want to thank the people for their love, affection and support towards the TMC. This election has proved that only TMC resides in the heart of the people of the state, Banerjee said in a Facebook post. 11/07/2023 23:38:39 TMC Dominates Rural Polls, Bags 28,985 Gram Panchayat Seats The ruling TMC has won in 28,985 gram panchayat seats, besides leading in 1,540 seats, according to the SEC as of 10.30 pm on Tuesday. Its nearest rival BJP has won 7,764 seats and is leading in 417 seats. In all elections are being held for 63,229 gram panchayat seats.         T...
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