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The Latest Breaking News from GST Council

Will seek withdrawal of tax notices for online gaming companies: Delhi FM Atishi

Delhi FM Atishi seeks withdrawal of Rs 1.5-lakh cr tax evasion notices to online gaming cos. Notices adversely impacted sector, 50,000 jobs & Rs 17,000 cr foreign investments at stake. Unstable tax environment will deter foreign investors & hurt start-up ecosystem.

The Hindu

TN Finance Minister expresses concern over proposed amendments to GST Act for levy on online gaming

Tamil Nadu FM expresses concern over proposed GST amendments for online gaming, casino and horse racing. He calls for modifications to ensure compatibility with State laws and suggests changes to definition of online money gaming. GST Council promises to make suitable modifications.

The Hindu

Palanivel Thiaga Rajan calls on Nirmala Sitharaman

TN Minister Palanivel Thiaga Rajan thanked FM Nirmala Sitharaman for enabling TN to become 1st state to get API connectivity to Income Tax data. He also thanked her for her support during his time as FM & GST Council member. This step will increase efficiency & accuracy of govt schemes…

The Hindu

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Linking GST, PMLA is road to tax ‘terrorism’, alleges Congress

The Congress alleged that the Narendra Modi government has unleashed “tax terrorism” by surreptitiously bringing the Goods and Services Tax Network under the Prevention of Money Laundering Act, saying that the move will be used to threaten trade and industry leaders

The Hindu

With Bommai and PTR out, GST Council needs to rejig GoMs

The change of guard after the Assembly election in Karnataka and the Ministerial council shuffle in Tamil Nadu has triggered the need for the GST Council to reconstitute at least three Ministerial panels

The Hindu

Scrap GST on unbranded food items, Ashok Gehlot writes to Nirmala Sitharaman

Rajasthan Chief Minister points out that the State had ‘vehemently’ opposed the levy which would hit the people hard

The Hindu

Govt earning more from taxes on common people than on corporates: Rahul

The graph showed that in 2010 the revenue collected through tax on corporates was over 40% against 24% revenue from tax on people.

The Hindu

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GoM recommends empowering States to expedite appointment to GST Appellate Tribunal

A principal bench of GST Appellate Tribunal will be set up at New Delhi and there will be benches of tribunal in all States

The Hindu

Finance Minister says Arvind Kejriwal is twisting freebie debate

Nirmala Sitharaman says Delhi Chief Minister is trying to stoke fear in the minds of the poor

The Hindu

Advise States to implement system of electronic generation of DIN: Supreme Court tells Centre, GST Council

NEW DELHI The Supreme Court has directed the Union of India/GST Council to issue an advisory to Stat

The Hindu

Opposition asks govt to acknowledge problem of price rise to fix it, BJP puts blame on global changes

“The inflation is ruling at 7% now and has not yet reached the double-digit level like in the previous UPA regime”

The Hindu

GST collection in July jumps by 28% to ₹1.49 lakh crore

July’s GST collection is 28% higher than the same month last year; second-highest monthly collection since launch of GST regime

The Hindu

Confusion persists over 5% GST exemption

State’s stand is that unbranded essential commodities should not be taxed now, says Balagopal

The Hindu

GST on essential items after States sought levy, aimed to check evasion: Official

Union Finance Minister Nirmala Sitharaman on July 19 stated that States levied sales tax or VAT on foodgrains in the pre-GST regime and the present levy on cereals, pulses, flour, curd and lassi is an exercise to curb tax leakage

The Hindu

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The Hindu

Important to know who is creating tension under fact-checking garb, says I&B Minister

Without naming anyone, Anurag Thakur also criticised some Opposition leaders for creating doubts among the public regarding COVID-19 vaccines and the Agnipath scheme.

The Hindu

Palaniswami urges DMK government to exert pressure on GST Council to withdraw tax on food items

CHENNAI

The Hindu

Morning Digest | China steps up LAC air drills as talks stall; Sri Lankan Parliament to directly elect President today, and more

A select list of stories to read before you start your day

The Hindu

Decision on GST hike taken after all States’ consent: Nirmala Sitharaman

Food items sold loose not to attract GST, clarifies Finance Minister Nirmala Sitharaman

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The Hindu

Letters to the Editor — July 19, 2022

It is debatable whether the recommendations of the 47th GST Council are being incorporated after car

The Hindu

Pay 5% GST on pre-packed, labelled food items, hospital rooms above ₹5,000 from Monday

Hotel rooms with tariff of up to ₹1,000/day, maps and charts, including atlases, will attract a 12% GST

The Hindu

Rice millers, wholesalers, retailers to down shutters on Saturday

They are demanding roll back of proposal to include pre-packed, pre-labelled rice, pulses in GST Around 3,000 rice millers, 15,000 wholesalers and 15,000 retailers would take part in the protest,” said D. Thulasingam

The Hindu

Milma demands rollback of decision to slap GST on more dairy products

‘Move to cause severe stress on country’s strained dairy sector’

The Hindu

Centre eroding financial rights of States: Balagopal

‘State will have to look at legal and constitutional options’

The Hindu

Focus on augmenting own financial resources

Stalemate over off-budget borrowings in the name of corporations continues

The Hindu

Hoteliers to write to Centre seeking rollback of GST for rooms below ₹1,000 a day

‘The decision will affect budget tourists, traders from villages and students’

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