Tag: Horse Racing

Karnataka HC stays single judge bench’s interim order permitting horse racing & betting in Bangalore Turf Club despite state govt’s license non-renewal

The Karnataka High Court stayed a June 18 single-judge order that had temporarily allowed the Bangalore Turf Club (BTC) to conduct on-course and off-course...

Uttar Pradesh passes bill implementing 28% GST for online gaming, casinos and horse racing

Uttar Pradesh (UP) state assembly on Wednesday, November 29 passed the bill imposing 28% GST on full face value for online gaming (real money),...

52nd GST Council meeting: Tax demand notices to online gaming firms not on retrospective basis, govt clarifies

The 52nd GST Council meeting concluded today with no major discussion or decision on online gaming, casinos and horse racing being taken. Speaking on the...

Report: 52nd GST council meeting to be held on October 7

The 52nd GST council meet is scheduled to be held on 7th October 2023 at the Vigyan Bhawan in New Delhi. The council is...

Gujarat Assembly to discuss & pass GST Amendment Bills pertaining to online real money gaming & casinos later this week

Gujarat's Legislative Assembly will begin its monsoon session on Wednesday, September 13. During the 3-day session, the Assembly will discuss and pass GST Amendment...

Reports: States to go Ordinance route for 28% GST on online gaming

As revealed by the Finance Minister Nirmala Sitharaman during the 51st GST council meeting, the majority of the states are ready to implement 28%...

Reports: Cabinet approves Bill amending 28% GST on online gaming

The Union Cabinet has approved the bill to amend the new GST rate of 28% on online gaming, casino and horse racing on Wednesday,...

28% GST on online gaming, casinos, horse racing will result in revenue growth: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman stated today that the 28% GST on full face value on online gaming, casinos and horse racing will lead to...

Breaking: GST Council decides to levy 28% tax on online gaming and casinos on initial deposits

The GST Council today held a meeting online in order to finalize the method of taxation on full face value for online gaming. After...

Tamil Nadu IT minister opens up on GoM suggestion for 28% GST rate

Tamil Nadu IT Minister and ex-member of GoM, Palanivel Thiagarajan, recently talked about why the GoM recommended 28 per cent GST at full face...

MoS Finance Pankaj Chaudhary answers questions in Parliament on 28% GST on online gaming

Congress MP Manish Tewari questioned Minister of State for Finance Pankaj Chaudhary in the Lok Sabha on Monday over 28% GST on online gaming,...

Turf Authorities of India pleads to reconsider GST rates on horse betting

Amid the struggle of online gaming companies trying to have the GST council reconsider the tax rate for online gaming, the Turf Authorities of...

Bangalore Turf Club partners with illegal offshore betting website Betway

Bangalore Turf Club has announced illegal offshore betting website Betway as their title sponsor for the summer and winter races of 2023-24. The betting...

Breaking: GST Council imposes 28% tax rate on online gaming and casinos on full face value amount

The much-awaited decision concerning the tax rate for online gaming, casinos and horse racing has been finalized. Online gaming will be taxed at the...

Goa suggests 18% GST rate on online gaming, differs from other GoM member states

The next GST Council meeting is slated to be held on July 11 and the matter related to the taxation of online gaming, casinos...

GoM report on online gaming not in GST Council’s 18th Feb meeting agenda

The GST Council meeting scheduled for February 18 does will have a brief discussion of the report submitted by the Group of Ministers (GoM)...