Revenue Secretary On Gst
- All
- News
- Videos
-
28% GST Already Applied On Online Gaming, Casinos, Not Retrospective: Centre
As states like Delhi and Goa raised the issue of tax demand on online gaming companies and casinos retrospectively, Revenue Secretary Sanjay Malhotra on Saturday reiterated that 28 per cent GST was levied on online gaming and casinos even before.
-
Amendment To GST Act On Online Gaming In Parliament Monsoon Session
Revenue Secretary Sanjay Malhotra today said the central government will bring clarificatory amendments to the GST Act in the monsoon session of Parliament to implement GST Council's decision of imposing 28 per cent tax on online gaming, casino and horse racing.
-
28% GST On Online Gaming To Yield Rs 20,000 Crore Annually: Centre
The exchequer would get an estimated additional revenue of Rs 20,000 crore annually following the decision of the GST Council to levy 28 per cent tax on full bet value on online gaming, said Revenue Secretary Sanjay Malhotra today.
-
GST Council Agrees To Decriminalise Certain Offences, No New Taxes Brought
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.
-
Tax Collection To Exceed Budget Estimate By Nearly Rs 4 Lakh Crore: Revenue Secretary
India's tax collection will exceed the budget estimate by nearly Rs 4 lakh crore in the current fiscal on the back of buoyant income tax, customs duty and GST (Goods and Services Tax ) mop-up, Revenue Secretary Tarun Bajaj said today.
-
GST Rates, Compensation, Top Takeaways From Council Meeting: 10 Points
The Goods and Services Tax (GST) Council meeting ended its two-day deliberations today, where a host of issues like rate rationalisation, levying 28 per cent tax on online gaming and horse racing and the vexed issue of continuing GST compensation to states, were discussed.
-
Government Open To Consider Restaurant Owners' Demand For Higher GST Levy
Government is open to considering the restaurant industry's demand of shifting back to higher GST along with benefit of tax credit on their inputs
-
Crypto Gains May Be Taxed As Income Tax Laws Likely To Change In Next Budget
Revenue Secretary Tarun Bajaj said that some people are already paying capital gains tax on the income from crypto, and in respect of GST also the law is "very clear" that the rate would be applicable as those in case of other services.
-
India Revenue Secretary Says Open To 'Tinkering' Tax Rates On Automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.
-
Higher Taxes Impact Auto Sector, Need To Lower GST Rates: Revenue Secretary
"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.
-
GST Council Fixes 28% Uniform Tax Rate For Lottery
Briefing reporters after the meeting of the Council, Revenue Secretary Ajay Bhushan Pandey said the new rate for lottery will come into effect from March 2020.
-
GST Council Fixes 28% Tax Rate On Lottery, Says Revenue Secretary
GST Council decided to exempt long term lease on industrial plots to facilitate setting up of industrial parks.
-
Centre To Set Up Panels To Sort Out Startups Issues: DPIIT Secretary
"The apex committe will be chaired by the Commerce and Industry minister. I will chair one committee. We will soon call a meeting on inter-ministerial discussion with department of revenue, department of financial services, corporate affairs ministry, health ministry, CBDT, CBIC, regulatory bodies like Sebi, RBI to examine the issues raised by the ...
-
GST Council Extends Return Filing Date, Aadhaar To Be Accepted For GST Registration
Easing the enrolment process for new firms, the Council decided to allow the use of 12-digit Aadhaar number for getting GST registration.
-
GST Rates Need Changes, Will Take A Year To Stabilise: Revenue Secretary
Some rejig in GST rate structure is required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said.
-
28% GST Already Applied On Online Gaming, Casinos, Not Retrospective: Centre
As states like Delhi and Goa raised the issue of tax demand on online gaming companies and casinos retrospectively, Revenue Secretary Sanjay Malhotra on Saturday reiterated that 28 per cent GST was levied on online gaming and casinos even before.
-
Amendment To GST Act On Online Gaming In Parliament Monsoon Session
Revenue Secretary Sanjay Malhotra today said the central government will bring clarificatory amendments to the GST Act in the monsoon session of Parliament to implement GST Council's decision of imposing 28 per cent tax on online gaming, casino and horse racing.
-
28% GST On Online Gaming To Yield Rs 20,000 Crore Annually: Centre
The exchequer would get an estimated additional revenue of Rs 20,000 crore annually following the decision of the GST Council to levy 28 per cent tax on full bet value on online gaming, said Revenue Secretary Sanjay Malhotra today.
-
GST Council Agrees To Decriminalise Certain Offences, No New Taxes Brought
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.
-
Tax Collection To Exceed Budget Estimate By Nearly Rs 4 Lakh Crore: Revenue Secretary
India's tax collection will exceed the budget estimate by nearly Rs 4 lakh crore in the current fiscal on the back of buoyant income tax, customs duty and GST (Goods and Services Tax ) mop-up, Revenue Secretary Tarun Bajaj said today.
-
GST Rates, Compensation, Top Takeaways From Council Meeting: 10 Points
The Goods and Services Tax (GST) Council meeting ended its two-day deliberations today, where a host of issues like rate rationalisation, levying 28 per cent tax on online gaming and horse racing and the vexed issue of continuing GST compensation to states, were discussed.
-
Government Open To Consider Restaurant Owners' Demand For Higher GST Levy
Government is open to considering the restaurant industry's demand of shifting back to higher GST along with benefit of tax credit on their inputs
-
Crypto Gains May Be Taxed As Income Tax Laws Likely To Change In Next Budget
Revenue Secretary Tarun Bajaj said that some people are already paying capital gains tax on the income from crypto, and in respect of GST also the law is "very clear" that the rate would be applicable as those in case of other services.
-
India Revenue Secretary Says Open To 'Tinkering' Tax Rates On Automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.
-
Higher Taxes Impact Auto Sector, Need To Lower GST Rates: Revenue Secretary
"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.
-
GST Council Fixes 28% Uniform Tax Rate For Lottery
Briefing reporters after the meeting of the Council, Revenue Secretary Ajay Bhushan Pandey said the new rate for lottery will come into effect from March 2020.
-
GST Council Fixes 28% Tax Rate On Lottery, Says Revenue Secretary
GST Council decided to exempt long term lease on industrial plots to facilitate setting up of industrial parks.
-
Centre To Set Up Panels To Sort Out Startups Issues: DPIIT Secretary
"The apex committe will be chaired by the Commerce and Industry minister. I will chair one committee. We will soon call a meeting on inter-ministerial discussion with department of revenue, department of financial services, corporate affairs ministry, health ministry, CBDT, CBIC, regulatory bodies like Sebi, RBI to examine the issues raised by the ...
-
GST Council Extends Return Filing Date, Aadhaar To Be Accepted For GST Registration
Easing the enrolment process for new firms, the Council decided to allow the use of 12-digit Aadhaar number for getting GST registration.
-
GST Rates Need Changes, Will Take A Year To Stabilise: Revenue Secretary
Some rejig in GST rate structure is required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said.
