Gst Bill Passed
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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Lok Sabha Passes GST Bill To Tax Online Gaming, Casinos, Race Clubs At 28%
Lok Sabha today approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.
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Rs 557 Crore GST Fraud Unearthed In UP, 3 Arrested
GST officers have unearthed two fake billing rackets involving 246 shell/fake entities involved in fraudulently passing input tax credit (ITC) of Rs 557 crore and arrested three key operatives.
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Finance Bill Cleared In Lok Sabha With Tax Amendment On Debt Fund Gains
Lok Sabha today passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.
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Man Arrested For Input Tax Credit Fraud Of Rs 38.91 Crore In Delhi
In the ongoing drive to counter the fake billing operations, the Central Goods and Service Tax (CGST) Commissionerate arrested an accused for creating a network of 38 fictitious firms to generate and pass fake Input Tax Credit (ITC) of Goods and Service Tax (GST) amounting to Rs 38.91 Crore.
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Lok Sabha Passes Taxation Bill To Relax Compliance Requirements For Taxpayers
Taxation Bill: Finance Minister Nirmala Sitharaman said the ordinance was necessary to defer various compliance deadlines under GST and Income Tax (I-T) Act during the COVID-19 times.
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GST Cess: Bill Allowing Cess Increase On Luxury Cars Passed By Lok Sabha
In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury car...
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Winter Session Of Parliament Live Highlights: Lok Sabha Passes GST Amendment Bill
Opposition ruckus today forced the adjournment of Lok Sabha and Rajya Sabha proceedings several times as members of the opposition vociferously raised the issue of union minister Ananthkumar Hegde's controversial remarks on secularism and the Constitution. In Lok Sabha, TRS members, demanding a separate high court for Telangana, trooped into the We...
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Goods And Services Tax Extended To Jammu And Kashmir
The Jammu and Kashmir Legislative Assembly today passed the state GST Bill 2017 amidst opposition boycott, making it the last state of the country to join the new tax regime.
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Meghalaya Passes Goods And Services Tax Bill
The Meghalaya assembly today unanimously passed the Meghalaya Goods and Services Tax Bill, 2017, paving the way for the roll out of the GST on July 1.
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GST Rollout: With Less Than A Month Left Seven States Yet To Pass Bill
With less than a month left for GST rollout, seven states have to pass SGST bills by September 15, 2017.
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Delhi Assembly Passes State Good And Services Tax (GST) Bill
The Delhi Assembly on Wednesday passed the state Goods and Services Tax (GST) Bill even as Chief Minister Arvind Kejriwal pitched for capping the tax rate at a maximum of 10 per cent.
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Nagaland Assembly Passes State Goods and Services Tax (GST) Bill
The Nagaland Assembly today joined the rest of the country in passing the Goods and Services Tax (GST) Bill.
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Mizoram GST Bill Passed Unanimously
Mizoram assembly unanimously passed the Mizoram Goods and Services Tax (GST) Bill, 2017 in a one-day special session of the legislature today.
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'Regret GST Bill Not Getting Passed In Present Assembly Session'
Kerala Finance Minister T M Thomas Isaac today expressed regret that the GST Bill could not be passed in the present Assembly session.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
Lok Sabha Passes GST Bill To Tax Online Gaming, Casinos, Race Clubs At 28%
Lok Sabha today approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.
-
Rs 557 Crore GST Fraud Unearthed In UP, 3 Arrested
GST officers have unearthed two fake billing rackets involving 246 shell/fake entities involved in fraudulently passing input tax credit (ITC) of Rs 557 crore and arrested three key operatives.
-
Finance Bill Cleared In Lok Sabha With Tax Amendment On Debt Fund Gains
Lok Sabha today passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.
-
Man Arrested For Input Tax Credit Fraud Of Rs 38.91 Crore In Delhi
In the ongoing drive to counter the fake billing operations, the Central Goods and Service Tax (CGST) Commissionerate arrested an accused for creating a network of 38 fictitious firms to generate and pass fake Input Tax Credit (ITC) of Goods and Service Tax (GST) amounting to Rs 38.91 Crore.
-
Lok Sabha Passes Taxation Bill To Relax Compliance Requirements For Taxpayers
Taxation Bill: Finance Minister Nirmala Sitharaman said the ordinance was necessary to defer various compliance deadlines under GST and Income Tax (I-T) Act during the COVID-19 times.
-
GST Cess: Bill Allowing Cess Increase On Luxury Cars Passed By Lok Sabha
In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury car...
-
Winter Session Of Parliament Live Highlights: Lok Sabha Passes GST Amendment Bill
Opposition ruckus today forced the adjournment of Lok Sabha and Rajya Sabha proceedings several times as members of the opposition vociferously raised the issue of union minister Ananthkumar Hegde's controversial remarks on secularism and the Constitution. In Lok Sabha, TRS members, demanding a separate high court for Telangana, trooped into the We...
-
Goods And Services Tax Extended To Jammu And Kashmir
The Jammu and Kashmir Legislative Assembly today passed the state GST Bill 2017 amidst opposition boycott, making it the last state of the country to join the new tax regime.
-
Meghalaya Passes Goods And Services Tax Bill
The Meghalaya assembly today unanimously passed the Meghalaya Goods and Services Tax Bill, 2017, paving the way for the roll out of the GST on July 1.
-
GST Rollout: With Less Than A Month Left Seven States Yet To Pass Bill
With less than a month left for GST rollout, seven states have to pass SGST bills by September 15, 2017.
-
Delhi Assembly Passes State Good And Services Tax (GST) Bill
The Delhi Assembly on Wednesday passed the state Goods and Services Tax (GST) Bill even as Chief Minister Arvind Kejriwal pitched for capping the tax rate at a maximum of 10 per cent.
-
Nagaland Assembly Passes State Goods and Services Tax (GST) Bill
The Nagaland Assembly today joined the rest of the country in passing the Goods and Services Tax (GST) Bill.
-
Mizoram GST Bill Passed Unanimously
Mizoram assembly unanimously passed the Mizoram Goods and Services Tax (GST) Bill, 2017 in a one-day special session of the legislature today.
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'Regret GST Bill Not Getting Passed In Present Assembly Session'
Kerala Finance Minister T M Thomas Isaac today expressed regret that the GST Bill could not be passed in the present Assembly session.
