During the 51st GST Council meeting on Wednesday, Finance Minister Nirmala Sitharaman announced that the 28 percent GST on online gaming, casinos and horse racing will be implemented by October 1.

The letter, reviewed by Forbes India, states that decision has led to the “unintended consequence of equating the constitutionally protected legitimate online skill gaming industry with gambling and ...

As per the Goods and Services Tax (GST) guidelines, motorcycles with engine capacities greater than 350cc will attract a total tax rate of 31 percent – 28 percent GST along with a 3 percent cess.

Industry experts believe enacting this decision, i.e., eliminating this tax, would significantly alleviate the financial burden on insurance customers. The 18 percent GST on life and health insurance ...

Growing awareness of preventive health has seen consumers switching to lower sugar content products, creating a new market for healthier aerated beverages. The Government brought in historic tax ...

GST collections increased by 8.5 percent to reach Rs 1.82 lakh crore in November, driven by higher revenues from domestic transactions. According to government data released on December 1, the Central ...

Bajaj recently launched the Pulsar NS400Z at a mouth-watering price, and while the launch of the biggest Pulsar bike ever was the highlight of the event, Rajiv Bajaj (CEO, Bajaj Auto) also had some ...

Until now, the difference between gorging on a roti or parota would not have made much of a difference. However, the distinction between the two flatbreads will be made on the basis of the Goods and ...

Refunds cooled, slipping 3.1 percent to Rs 22,665 crore. Domestic refunds fell 7.1 percent, while export refunds inched up 2.9 percent.