Gst Impact

These changes from March will directly impact millions of customers across India, including FASTag users.

Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the GST hike on online gaming, a top company official said on Thursday. The entire team of Hike is engaged in the development of Web3 gaming platform ‘Rush Gaming Universe’.

Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...

The GST Council has announced that the bets placed in online gaming and casinos will now face 28 per cent tax.

Online gaming companies on Tuesday said that levying of 28 per cent GST will limit their ability to invest in new games, impact cash flows as well as business expansion.

Finance Minister Nirmala Sitharaman on Wednesday said that country's fundamentals are sound again due to various measures taken by Centre since 2014

Introduction of GST impacted prices of many things people use in their daily lives including automobile prices.

Considering the automobile business to be one of the leading businesses in any given country, it has affected India. The price of the car increased by a huge amount, but the method of implication made it quite different too.

Food ordering from platforms including Swiggy and Zomato may become costlier soon as a new tax rule is coming into force starting January 1. Under the rule, food aggregators will be required to collect a five percent Goods and Services Tax (GST) from restaurants for their food items.

Food delivery apps like Zomato and Swiggy must pay GST, or Goods and Services Tax, instead of the restaurant they pick up orders from, Finance Minister Nirmala Sitharaman said Friday after a meeting of the GST Council in Lucknow.

"I quite agree with automotive sector. Two-wheelers and four-wheelers were not only charged 28 per cent Goods and Services Tax (GST) but we also charged cess, which is much more and as I see it will continue for two more years," he said.

RBI Annual Report: Public finances were impacted by a cyclical slowdown in revenues, which was exacerbated by Covid-19.

Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.

Congress leader P Chidambaram has taken a swipe at Finance Minister Nirmala Sitharaman over the "act of God" comment she made on Thursday while describing the coronavirus pandemic and its impact on GST collection

Gold Rate Today: The closing rate of gold jewellery stood at Rs 52,874/10 grams, excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).

These changes from March will directly impact millions of customers across India, including FASTag users.

Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the GST hike on online gaming, a top company official said on Thursday. The entire team of Hike is engaged in the development of Web3 gaming platform ‘Rush Gaming Universe’.

Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impacting cash flows as well as business expansion. The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the council is unconstitutional, irrational, and...

The GST Council has announced that the bets placed in online gaming and casinos will now face 28 per cent tax.

Online gaming companies on Tuesday said that levying of 28 per cent GST will limit their ability to invest in new games, impact cash flows as well as business expansion.

Finance Minister Nirmala Sitharaman on Wednesday said that country's fundamentals are sound again due to various measures taken by Centre since 2014

Introduction of GST impacted prices of many things people use in their daily lives including automobile prices.

Considering the automobile business to be one of the leading businesses in any given country, it has affected India. The price of the car increased by a huge amount, but the method of implication made it quite different too.

Food ordering from platforms including Swiggy and Zomato may become costlier soon as a new tax rule is coming into force starting January 1. Under the rule, food aggregators will be required to collect a five percent Goods and Services Tax (GST) from restaurants for their food items.

Food delivery apps like Zomato and Swiggy must pay GST, or Goods and Services Tax, instead of the restaurant they pick up orders from, Finance Minister Nirmala Sitharaman said Friday after a meeting of the GST Council in Lucknow.

"I quite agree with automotive sector. Two-wheelers and four-wheelers were not only charged 28 per cent Goods and Services Tax (GST) but we also charged cess, which is much more and as I see it will continue for two more years," he said.

RBI Annual Report: Public finances were impacted by a cyclical slowdown in revenues, which was exacerbated by Covid-19.

Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.

Congress leader P Chidambaram has taken a swipe at Finance Minister Nirmala Sitharaman over the "act of God" comment she made on Thursday while describing the coronavirus pandemic and its impact on GST collection

Gold Rate Today: The closing rate of gold jewellery stood at Rs 52,874/10 grams, excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).