Import licences were mostly abolished starting 1991, when India ushered in its much-documented economic reforms and liberalisation. Or, so we thought. The story of the week suggests otherwise. Story of the week On Thursday, the government imposed import restrictions on laptops, tablets, personal computers, and other similar data-processing units citing “security risks”.… Continue reading Import licences, taxing games, and the Ambani way
Tag: taxing
GST Council meet on Wednesday to finalise modalities for taxing gaming
The GST Council in its meeting on Wednesday is likely to finalise the modalities for determination of supply value in online gaming and casinos for levying 28 per cent tax. The Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state ministers, in its last meeting on July 11 approved levying 28… Continue reading GST Council meet on Wednesday to finalise modalities for taxing gaming