The Union Cabinet has approved the bill to amend the new GST rate of 28% on online gaming, casino and horse racing on Wednesday, August 9. With this, the bill will now be presented into the ongoing monsoon Parliament Session which will allow it to be enforced by the estimated date of October 1.
Source a2ztaxcorp
Latest Posts in "India"
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries