GST Council Meeting: Decision to increase GST on online gaming and casinos postponed, meeting will be held again in August

In the ongoing GST Council meeting in Chandigarh, the decision to impose 28 percent GST on casinos, online gaming, horse racing and lotteries has been postponed for the time being, Finance Minister Nirmala Sitharaman has given this information on Wednesday. He has said that more brainstorming is going on in this matter.

He has said that the Group of Ministers headed by Meghalaya Chief Minister Conrad Sangma has been asked to discuss the valuation mechanism of these things with all the stakeholders and submit their report by July 15. Finance Minister Nirmala Sitharaman said this in a conversation with reporters during the ongoing GST Council meeting in Chandigarh.

The Finance Minister has said that the GST Council will meet again in the first week of August to take a decision on this subject.

Let us tell you that the report of the Group of Ministers was discussed during the two-day meeting of the Council to increase GST on casinos and online gaming, but Goa and some other states said that it should be considered further. But the final decision has been deferred.

Significantly, the Group of Ministers, during the meeting of the GST Council, had recommended that the maximum GST should be charged on online gaming and the subscription fee paid for playing it. The GoM had also said in its report that there should be no discrimination on whether there is a ‘game of skill’ and such a ‘game of chance’. 28 per cent GST should be charged uniformly on all online gaming.

The decision could not be taken even on giving compensation to the states

After the GST Council meeting, Puducherry Finance Minister K Lakshminarayanan told news agency PTI that during the meeting, almost all the states had demanded expansion of the compensation mechanism, but the final decision was not taken in this meeting. could go.

Let us tell you that when the GST was implemented, it was announced to give compensation to the states to protect them from losses till June 2022. Its term expires in this month. According to sources, during the meeting, about 12 states had demanded the continuation of the system of compensation, but a final decision has not been taken on this. Hopefully a decision on this will be taken in the next meeting.

In this regard, Nirmala Sitharaman said that many states also want that they stand on their feet in this matter. The matter has not been decided yet, it will be discussed again in the next meeting.

In the ongoing GST Council meeting in Chandigarh, the decision to impose 28 percent GST on casinos, online gaming, horse racing and lotteries has been postponed for the time being, Finance Minister Nirmala Sitharaman has given this information on Wednesday. He has said that more brainstorming is going on in this matter.

He has said that the Group of Ministers headed by Meghalaya Chief Minister Conrad Sangma has been asked to discuss the valuation mechanism of these things with all the stakeholders and submit their report by July 15. Finance Minister Nirmala Sitharaman said this in a conversation with reporters during the ongoing GST Council meeting in Chandigarh.

The Finance Minister has said that the GST Council will meet again in the first week of August to take a decision on this subject.

Let us tell you that the report of the Group of Ministers was discussed during the two-day meeting of the Council to increase GST on casinos and online gaming, but Goa and some other states said that it should be considered further. But the final decision has been deferred.

Significantly, the Group of Ministers, during the meeting of the GST Council, had recommended that the maximum GST should be charged on online gaming and the subscription fee paid for playing it. The GoM had also said in its report that there should be no discrimination on whether there is a ‘game of skill’ and such a ‘game of chance’. 28 per cent GST should be charged uniformly on all online gaming.

The decision could not be taken even on giving compensation to the states

After the GST Council meeting, Puducherry Finance Minister K Lakshminarayanan told news agency PTI that during the meeting, almost all the states had demanded expansion of the compensation mechanism, but the final decision was not taken in this meeting. could go.

Let us tell you that when the GST was implemented, it was announced to give compensation to the states to protect them from losses till June 2022. Its term expires in this month. According to sources, during the meeting, about 12 states had demanded the continuation of the system of compensation, but a final decision has not been taken on this. Hopefully a decision on this will be taken in the next meeting.

In this regard, Nirmala Sitharaman said that many states also want that they stand on their feet in this matter. The matter has not been decided yet, it will be discussed again in the next meeting.

In the ongoing GST Council meeting in Chandigarh, the decision to impose 28 percent GST on casinos, online gaming, horse racing and lotteries has been postponed for the time being, Finance Minister Nirmala Sitharaman has given this information on Wednesday. He has said that more brainstorming is going on in this matter.

He has said that the Group of Ministers headed by Meghalaya Chief Minister Conrad Sangma has been asked to discuss the valuation mechanism of these things with all the stakeholders and submit their report by July 15. Finance Minister Nirmala Sitharaman said this in a conversation with reporters during the ongoing GST Council meeting in Chandigarh.

The Finance Minister has said that the GST Council will meet again in the first week of August to take a decision on this subject.

Let us tell you that the report of the Group of Ministers was discussed during the two-day meeting of the Council to increase GST on casinos and online gaming, but Goa and some other states said that it should be considered further. But the final decision has been deferred.

Significantly, the Group of Ministers, during the meeting of the GST Council, had recommended that the maximum GST should be charged on online gaming and the subscription fee paid for playing it. The GoM had also said in its report that there should be no discrimination on whether there is a ‘game of skill’ and such a ‘game of chance’. 28 per cent GST should be charged uniformly on all online gaming.

The decision could not be taken even on giving compensation to the states

After the GST Council meeting, Puducherry Finance Minister K Lakshminarayanan told news agency PTI that during the meeting, almost all the states had demanded expansion of the compensation mechanism, but the final decision was not taken in this meeting. could go.

Let us tell you that when the GST was implemented, it was announced to give compensation to the states to protect them from losses till June 2022. Its term expires in this month. According to sources, during the meeting, about 12 states had demanded the continuation of the system of compensation, but a final decision has not been taken on this. Hopefully a decision on this will be taken in the next meeting.

In this regard, Nirmala Sitharaman said that many states also want that they stand on their feet in this matter. The matter has not been decided yet, it will be discussed again in the next meeting.

In the ongoing GST Council meeting in Chandigarh, the decision to impose 28 percent GST on casinos, online gaming, horse racing and lotteries has been postponed for the time being, Finance Minister Nirmala Sitharaman has given this information on Wednesday. He has said that more brainstorming is going on in this matter.

He has said that the Group of Ministers headed by Meghalaya Chief Minister Conrad Sangma has been asked to discuss the valuation mechanism of these things with all the stakeholders and submit their report by July 15. Finance Minister Nirmala Sitharaman said this in a conversation with reporters during the ongoing GST Council meeting in Chandigarh.

The Finance Minister has said that the GST Council will meet again in the first week of August to take a decision on this subject.

Let us tell you that the report of the Group of Ministers was discussed during the two-day meeting of the Council to increase GST on casinos and online gaming, but Goa and some other states said that it should be considered further. But the final decision has been deferred.

Significantly, the Group of Ministers, during the meeting of the GST Council, had recommended that the maximum GST should be charged on online gaming and the subscription fee paid for playing it. The GoM had also said in its report that there should be no discrimination on whether there is a ‘game of skill’ and such a ‘game of chance’. 28 per cent GST should be charged uniformly on all online gaming.

The decision could not be taken even on giving compensation to the states

After the GST Council meeting, Puducherry Finance Minister K Lakshminarayanan told news agency PTI that during the meeting, almost all the states had demanded expansion of the compensation mechanism, but the final decision was not taken in this meeting. could go.

Let us tell you that when the GST was implemented, it was announced to give compensation to the states to protect them from losses till June 2022. Its term expires in this month. According to sources, during the meeting, about 12 states had demanded the continuation of the system of compensation, but a final decision has not been taken on this. Hopefully a decision on this will be taken in the next meeting.

In this regard, Nirmala Sitharaman said that many states also want that they stand on their feet in this matter. The matter has not been decided yet, it will be discussed again in the next meeting.

In the ongoing GST Council meeting in Chandigarh, the decision to impose 28 percent GST on casinos, online gaming, horse racing and lotteries has been postponed for the time being, Finance Minister Nirmala Sitharaman has given this information on Wednesday. He has said that more brainstorming is going on in this matter.

He has said that the Group of Ministers headed by Meghalaya Chief Minister Conrad Sangma has been asked to discuss the valuation mechanism of these things with all the stakeholders and submit their report by July 15. Finance Minister Nirmala Sitharaman said this in a conversation with reporters during the ongoing GST Council meeting in Chandigarh.

The Finance Minister has said that the GST Council will meet again in the first week of August to take a decision on this subject.

Let us tell you that the report of the Group of Ministers was discussed during the two-day meeting of the Council to increase GST on casinos and online gaming, but Goa and some other states said that it should be considered further. But the final decision has been deferred.

Significantly, the Group of Ministers, during the meeting of the GST Council, had recommended that the maximum GST should be charged on online gaming and the subscription fee paid for playing it. The GoM had also said in its report that there should be no discrimination on whether there is a ‘game of skill’ and such a ‘game of chance’. 28 per cent GST should be charged uniformly on all online gaming.

The decision could not be taken even on giving compensation to the states

After the GST Council meeting, Puducherry Finance Minister K Lakshminarayanan told news agency PTI that during the meeting, almost all the states had demanded expansion of the compensation mechanism, but the final decision was not taken in this meeting. could go.

Let us tell you that when the GST was implemented, it was announced to give compensation to the states to protect them from losses till June 2022. Its term expires in this month. According to sources, during the meeting, about 12 states had demanded the continuation of the system of compensation, but a final decision has not been taken on this. Hopefully a decision on this will be taken in the next meeting.

In this regard, Nirmala Sitharaman said that many states also want that they stand on their feet in this matter. The matter has not been decided yet, it will be discussed again in the next meeting.

In the ongoing GST Council meeting in Chandigarh, the decision to impose 28 percent GST on casinos, online gaming, horse racing and lotteries has been postponed for the time being, Finance Minister Nirmala Sitharaman has given this information on Wednesday. He has said that more brainstorming is going on in this matter.

He has said that the Group of Ministers headed by Meghalaya Chief Minister Conrad Sangma has been asked to discuss the valuation mechanism of these things with all the stakeholders and submit their report by July 15. Finance Minister Nirmala Sitharaman said this in a conversation with reporters during the ongoing GST Council meeting in Chandigarh.

The Finance Minister has said that the GST Council will meet again in the first week of August to take a decision on this subject.

Let us tell you that the report of the Group of Ministers was discussed during the two-day meeting of the Council to increase GST on casinos and online gaming, but Goa and some other states said that it should be considered further. But the final decision has been deferred.

Significantly, the Group of Ministers, during the meeting of the GST Council, had recommended that the maximum GST should be charged on online gaming and the subscription fee paid for playing it. The GoM had also said in its report that there should be no discrimination on whether there is a ‘game of skill’ and such a ‘game of chance’. 28 per cent GST should be charged uniformly on all online gaming.

The decision could not be taken even on giving compensation to the states

After the GST Council meeting, Puducherry Finance Minister K Lakshminarayanan told news agency PTI that during the meeting, almost all the states had demanded expansion of the compensation mechanism, but the final decision was not taken in this meeting. could go.

Let us tell you that when the GST was implemented, it was announced to give compensation to the states to protect them from losses till June 2022. Its term expires in this month. According to sources, during the meeting, about 12 states had demanded the continuation of the system of compensation, but a final decision has not been taken on this. Hopefully a decision on this will be taken in the next meeting.

In this regard, Nirmala Sitharaman said that many states also want that they stand on their feet in this matter. The matter has not been decided yet, it will be discussed again in the next meeting.

In the ongoing GST Council meeting in Chandigarh, the decision to impose 28 percent GST on casinos, online gaming, horse racing and lotteries has been postponed for the time being, Finance Minister Nirmala Sitharaman has given this information on Wednesday. He has said that more brainstorming is going on in this matter.

He has said that the Group of Ministers headed by Meghalaya Chief Minister Conrad Sangma has been asked to discuss the valuation mechanism of these things with all the stakeholders and submit their report by July 15. Finance Minister Nirmala Sitharaman said this in a conversation with reporters during the ongoing GST Council meeting in Chandigarh.

The Finance Minister has said that the GST Council will meet again in the first week of August to take a decision on this subject.

Let us tell you that the report of the Group of Ministers was discussed during the two-day meeting of the Council to increase GST on casinos and online gaming, but Goa and some other states said that it should be considered further. But the final decision has been deferred.

Significantly, the Group of Ministers, during the meeting of the GST Council, had recommended that the maximum GST should be charged on online gaming and the subscription fee paid for playing it. The GoM had also said in its report that there should be no discrimination on whether there is a ‘game of skill’ and such a ‘game of chance’. 28 per cent GST should be charged uniformly on all online gaming.

The decision could not be taken even on giving compensation to the states

After the GST Council meeting, Puducherry Finance Minister K Lakshminarayanan told news agency PTI that during the meeting, almost all the states had demanded expansion of the compensation mechanism, but the final decision was not taken in this meeting. could go.

Let us tell you that when the GST was implemented, it was announced to give compensation to the states to protect them from losses till June 2022. Its term expires in this month. According to sources, during the meeting, about 12 states had demanded the continuation of the system of compensation, but a final decision has not been taken on this. Hopefully a decision on this will be taken in the next meeting.

In this regard, Nirmala Sitharaman said that many states also want that they stand on their feet in this matter. The matter has not been decided yet, it will be discussed again in the next meeting.

In the ongoing GST Council meeting in Chandigarh, the decision to impose 28 percent GST on casinos, online gaming, horse racing and lotteries has been postponed for the time being, Finance Minister Nirmala Sitharaman has given this information on Wednesday. He has said that more brainstorming is going on in this matter.

He has said that the Group of Ministers headed by Meghalaya Chief Minister Conrad Sangma has been asked to discuss the valuation mechanism of these things with all the stakeholders and submit their report by July 15. Finance Minister Nirmala Sitharaman said this in a conversation with reporters during the ongoing GST Council meeting in Chandigarh.

The Finance Minister has said that the GST Council will meet again in the first week of August to take a decision on this subject.

Let us tell you that the report of the Group of Ministers was discussed during the two-day meeting of the Council to increase GST on casinos and online gaming, but Goa and some other states said that it should be considered further. But the final decision has been deferred.

Significantly, the Group of Ministers, during the meeting of the GST Council, had recommended that the maximum GST should be charged on online gaming and the subscription fee paid for playing it. The GoM had also said in its report that there should be no discrimination on whether there is a ‘game of skill’ and such a ‘game of chance’. 28 per cent GST should be charged uniformly on all online gaming.

The decision could not be taken even on giving compensation to the states

After the GST Council meeting, Puducherry Finance Minister K Lakshminarayanan told news agency PTI that during the meeting, almost all the states had demanded expansion of the compensation mechanism, but the final decision was not taken in this meeting. could go.

Let us tell you that when the GST was implemented, it was announced to give compensation to the states to protect them from losses till June 2022. Its term expires in this month. According to sources, during the meeting, about 12 states had demanded the continuation of the system of compensation, but a final decision has not been taken on this. Hopefully a decision on this will be taken in the next meeting.

In this regard, Nirmala Sitharaman said that many states also want that they stand on their feet in this matter. The matter has not been decided yet, it will be discussed again in the next meeting.