GST Council Meet today: Insurance tax to online gaming review—what to expect

GST Council Meet today: Insurance tax to online gaming review—what to expect

The 54th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman and featuring state finance ministers and tax officials, is set to take place today (September 9). The session will address several critical topics, including the taxation of insurance premiums, proposed rate rationalisations, and a review of online gaming revenues. Taxation on health and … Read more

GST Council to deliberate on taxation of insurance premium, report on online gaming

GST Council to deliberate on taxation of insurance premium, report on online gaming

The GST Council on Monday (September 9, 2024) is expected to deliberate on a host of issues, including taxation of insurance premium, GoM’s suggestions on rate rationalisation, and a status report on online gaming, sources said. Sources claimed the fitment committee, comprising Centre and State tax officials, will present a report on GST levied on … Read more

GST Council may meet next week to iron out technical issues on online gaming

GST Council may meet next week to iron out technical issues on online gaming

The Goods and Services Tax (GST) Council may meet again next week to iron out some technical issues like repetitive taxation in determining the face value for online gaming and casinos before clearing the draft amendment in the goods and services tax law in the upcoming monsoon session. The discussion will be restricted to the … Read more

Delhi HC asks government to place issue of IGST on oxygen concentrators in Friday GST council meet

Delhi HC asks government to place issue of IGST on oxygen concentrators in Friday GST council meet

Mumbai: The Delhi High Court on Thursday asked the government to place the issue of levying Integrated Goods and Services Tax (IGST) on oxygen concentrators before the GST council meeting to take place on Friday. The Delhi High Court was hearing a matter where a company had dragged the government to court over IGST oxygen … Read more