Sugar tax: Government plans to extend levy to milkshakes

Sugar tax: Government plans to extend levy to milkshakes

The sugar tax applied to fizzy drinks is set to be extended to milkshakes and other milk-based drinks under new government plans. The government is consulting on proposals to end the exemption from the tax for dairy-based drinks, as well as non-dairy substitutes such as oats or rice. Chancellor Rachel Reeves announced in her autumn … Read more

SC notice to Centre on plea by E-gaming Federation against levy of 28% GST on all forms of online real-money gaming

SC notice to Centre on plea by E-gaming Federation against levy of 28% GST on all forms of online real-money gaming

Image for representation purpose only. | Photo Credit: Reuters The Supreme Court on Monday issued notice to the Centre on a plea filed by the E-gaming Federation against the levy of 28% Goods and Services Tax (GST) on all forms of online real-money gaming. A three-judge Bench headed by Chief Justice of India D.Y. Chandrachud … Read more

During KERC public hearing, industry bodies oppose KPTCL’s proposal to levy pension and gratuity charges onto consumer tariff

During KERC public hearing, industry bodies oppose KPTCL’s proposal to levy pension and gratuity charges onto consumer tariff

Along with other prudent costs of up to ₹5.33 crore and a revenue gap of ₹64 crore, KPTCL had urged the commission to recover ₹2,803 crore from Escoms which would be passed onto the consumer tariffs.  In a public hearing called by the Karnataka Electricity Regulatory Commission (KERC) on Monday, Karnataka Power Transmission Corporation Limited (KPTCL) … Read more