A bill to provide a fixed 50-year production lease for offshore minerals was passed by Lok Sabha on Tuesday amid protests by the opposition over the situation in ethnic-violence hit Manipur. Replying to a brief discussion in the House, Coal and Mines Minister Pralhad Joshi said under the Offshore Areas Minerals (Development and… Continue reading LS passes bill for fixed 50-year production lease for offshore minerals
Tag: offshore
Current law enough against GST evasion by offshore gaming platforms: FinMin
The GST Council on July 11 decided that online gaming is an actionable claim, like the lottery, on which a 28 per cent tax is to be levied. The finance ministry on Tuesday said there are sufficient enforcement provisions in GST laws to take action against offshore gaming platforms, which default in paying taxes.… Continue reading Current law enough against GST evasion by offshore gaming platforms: FinMin