GST of 28% to be levied on casinos, race course, online gaming
The Hindu
The Group of Ministers tasked with reviewing the Goods and Services Tax rate on casinos, race courses and online gaming has decided to hike the rate to 28% from the current 18%
The panel of ministers tasked to review the GST levy on casinos, race courses and online gaming has finalised its report, which will be taken up in the upcoming GST Council meeting.
The Group of Ministers, chaired by Meghalaya Chief Minister Conrad Sangma, had in its previous meeting earlier this month unanimously decided on hiking the tax rate on these services to 28%.
The GoM met again on Wednesday and finalised the method of valuing these services for the purpose of levying this tax.
At present, services of casinos, horse racing and online gaming attract 18$ GST.
The government had in May last year set up a panel of state ministers for better valuation of services of casinos, online gaming portal and race courses for levying Goods and Services Tax (GST).
The report of the GoM is likely to be taken up in the next meeting of the GST Council expected later this month.
Other state ministers in the eight-member GoM include Maharashtra Deputy Chief Minister Ajit Pawar, Gujarat Finance Minister Kanubhai Patel, Goa Panchayati Raj Minister Mauvin Godinho, Tamil Nadu Finance Minister P. Thiagarajan, Uttar Pradesh Finance Minister Suresh Khanna and Telangana Finance Minister T. Harish Rao.
The Opposition Congress demanded that the government open the Gandhi Vatika Museum, depicting Mahatma Gandhi’s legacy and freedom struggle, built at a cost of ₹85 crore in Jaipur’s Central Park last year, during the Congress-led regime in Rajasthan. The museum has not been opened to the public, reportedly because of the administration’s engagements with the State Assembly and Lok Sabha elections.
Almaya Munnettam (Lay People to the Fore), group in the Ernakulam-Angamaly Archdiocese of the Syro-Malabar Church opposed to the synod-recommended Mass, rejected a circular issued by Major Archbishop Raphael Thattil and apostolic administrator Bosco Puthur on June 9 to implement the unified Mass in the archdiocese from July 3.
Pakistan coach Gary Kirsten stated that “not so great decision making” contributed to his side’s defeat to India in the Group-A T20 World Cup clash here on Sunday. The batting unit came apart in the chase, after being well placed at 72 for two. With 48 runs needed from eight overs, Pakistan found a way to panic and lose. “Maybe not so great decision making,” Kirsten said at the post-match press conference, when asked to explain the loss.