Full list of items to be costlier and cheaper after 50th GST Council meet
GST) Council on Tuesday decided to impose a 28% tax on the turnover of online gaming companies, horse racing and casinos, finance minister Nirmala Sitharaman said. The panel, headed by the Union finance minister and comprising of representatives of all states and UTs, decided on tax rate based on recommendation of a group of ministers that looked at taxing casinos, horse racing and online gaming.
GST Council exempts cancer fighting drugs, medicines for rare diseases from GST tax GST Council exempts GST satellite launch services by private operators. Reduction of GST in uncooked and unfried snack pellets from 18% to 5% Reduction of GST in fish soluble paste from 18% to 5% Reduction of GST in imitation of Zari thread to 5% from 12% GST of 28% will be levied on total value of online gaming, horse racing, casinos: FM Sitharaman after GST Council meeting.
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