Reforms since 2014 enabled decentralisation of planning: Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said reforms brought in India since 2014 have enabled decentralisation of planning in India. Addressing 11 Executive Directors (EDs) of the World Bank Group, representing 95 countries, she said that India is placing a focus on creating opportunities for the poor by empowering communities for equitable growth.… Continue reading Reforms since 2014 enabled decentralisation of planning: Sitharaman

Karnataka CM meets PM, Union Ministers Rajnath Singh & Nirmala Sitharaman

According to the Chief Minister’s office, Siddaramaiah met Modi at the Parliament building and held discussions | Photo: ANI Twitter Karnataka Chief Minister Siddaramaiah on Thursday met Prime Minister Narendra Modi in New Delhi. This was his first meeting with the PM, after the Congress came to power in the state under his… Continue reading Karnataka CM meets PM, Union Ministers Rajnath Singh & Nirmala Sitharaman

28% tax on online gaming from October 1, says Sitharaman

A 28 per cent tax on the full face value of bets placed on online gaming will be imposed from October 1, Finance Minister Nirmala Sitharaman said during the 51st GST Council meeting. The GST Council will review the implementation of a 28 per cent goods and services tax (GST) on online gaming… Continue reading 28% tax on online gaming from October 1, says Sitharaman

28% GST on online gaming to be implemented from October 1: FM Sitharaman

Softening its stance, the Goods and Services Tax (GST) Council on Wednesday decided to implement a 28 per cent tax on electronic gaming, casinos, and horse racing, but this would be applied on the initial amount paid upon entry, and not on the total value of each bet placed.   Despite dissent from… Continue reading 28% GST on online gaming to be implemented from October 1: FM Sitharaman