Page 81 - Latest Updates on Nirmala Sitharaman
28% GST on online gaming: How will new tax work for players and companies
GST Council has decided to go ahead with a 28% tax on full face value of online gaming. Know here how the new rule will impact the players and the companies, and by how much will their outgo increase
 "28% GST on online gaming: How will new tax work for players and companies")
11 World Bank officials meet Finance Minister Sitharaman in New Delhi
The Executive Directors of the world bank shared their key takeaways with Union Finance Minister Nirmala Sitharaman from their visits to Mumbai, Ahmedabad and Lucknow
 "11 World Bank officials meet Finance Minister Sitharaman in New Delhi")
Reforms since 2014 enabled decentralisation of planning: Sitharaman
EDs, who are on a visit to india, called on the finance minister. They shared their key takeaways with the minister after visiting Mumbai, Ahmedabad and Lucknow
Karnataka CM meets PM, Union Ministers Rajnath Singh, Nirmala Sitharaman
This was his first meeting with the PM, after the Congress came to power in the state under his leadership, following Assembly polls in May
 "Karnataka CM meets PM, Union Ministers Rajnath Singh, Nirmala Sitharaman")
GST Council meet: 28% tax on online gaming from October 1, says Sitharaman
The Council will review the implementation of 28 per cent goods and services tax (GST) on online gaming, and casinos after six months
 "GST Council meet: 28% tax on online gaming from October 1, says Sitharaman")
GST Council Meeting 2023 Highlights: Here are the key points to know
The 51st GST Council meeting 2023 was held yesterday via video conferencing. The government stands its ground with its 28 per cent GST charge on casinos, race courses, and online gaming
 "GST Council Meeting 2023 Highlights: Here are the key points to know")
28% GST on online gaming to be implemented from October 1: FM Sitharaman
Despite dissent from a few states, including Goa, Sikkim, and Delhi, the Council proceeded with the decision without a vote, as the majority of states were in agreement
 "28% GST on online gaming to be implemented from October 1: FM Sitharaman")
28% GST on online gaming stays, to be reviewed after 6 months of roll-out
The decision to impose a 28 per cent tax on the full face value of bets placed on online games will be implemented from October 1
 "28% GST on online gaming stays, to be reviewed after 6 months of roll-out")
Govt mobilises Rs 5.77 trn by issuing dated securities till Jul 31: FM
The government has mobilised a gross amount of Rs 5.77 lakh crore by issuing dated securities in the current financial year up to July 31, 2023, Finance Minister Nirmala Sitharaman said on Tuesday
Gamers urge finance minister to reduce current 28% GST on online gaming
Online gamers' association on Tuesday requested finance minister Nirmala Sitharaman for a reduction of 28 per cent Goods and Services Tax (GST)
 "Gamers urge finance minister to reduce current 28% GST on online gaming")
Amit Mitra highlights countrywide GST frauds, urges FM to call Council meet
Mitra, former state finance minister, referred to the central government's admission in the Lok Sabha that Rs 1.15 lakh crore of fraud have been detected from GST invoices between 2018-19 and 2022-22
 "Amit Mitra highlights countrywide GST frauds, urges FM to call Council meet")
G20: Communique need not distract us, action happening, says FM Sitharaman
"There is a tremendous appreciation that the agenda we are taking forward is of concern to all of us", the FM said
 "G20: Communique need not distract us, action happening, says FM Sitharaman")
Focus on four 'Is' to make India a developed nation by 2047: Sitharaman
The four 'Is' are infrastructure, investment, innovation and inclusiveness
 "Focus on four 'Is' to make India a developed nation by 2047: Sitharaman")
Indian companies to soon directly list on IFSC bourses: FM Sitharaman
Sitharaman urges financial regulators to maintain a balance between light-touch regulation and full-fledged supervision
 "Indian companies to soon directly list on IFSC bourses: FM Sitharaman")
Companies allowed to list on GIFT IFSC for foreign flows: Sitharaman
India has been considering proposals to allow firms to list on foreign exchanges, in order to compete with Chinese companies that flourish on bourses in the US
 "Companies allowed to list on GIFT IFSC for foreign flows: Sitharaman")
FM pitches for regulatory impact assessments to enhance accountability
She said having such a facility can help enhance the transparency and accountability in the policymaking process
 "FM pitches for regulatory impact assessments to enhance accountability")
Indian firms can go for listing on foreign exchanges, IFSC: Sitharaman
The nod, which came after three years of announcement as part of the Covid relief package, will enable domestic companies to access foreign funds by listing their shares on various exchanges overseas
 "Indian firms can go for listing on foreign exchanges, IFSC: Sitharaman")
FM Sitharaman meets delegation of Canadian Pension Plan Investment Board
Finance Minister Nirmala Sitharaman on Thursday met the delegation of the Canadian Pension Plan Investment Board (CPPIB) and discussed the pension fund's investment plan for the country.
 "FM Sitharaman meets delegation of Canadian Pension Plan Investment Board")
Centre may begin PLI scheme for chemical, petroleum sector: FM Sitharaman
Finance Minister Nirmala Sitharaman states that India plans to be energy independent by 2047 and achieve net zero by 2070
 "Centre may begin PLI scheme for chemical, petroleum sector: FM Sitharaman")
Global gaming firms running 'no GST' ads to lure Indians to their platforms
The development has come in the wake of a recent government decision that imposed a 28% GST on the full-face value of the placed bets