Arun Jaitley

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    GST Council decides dual rate structure for lotteries

    Union Finance Minister Arun Jaitley has announced a dual GST rate for lottery tickets following a GST Council meeting on Sunday, Glaws reports. Jaitley noted that GST on lottery tickets was one of the most contentious and hotly debated topics in the GST council and several hours were spent discussing the issue. While the Kerala […]

    Gambling services to face highest GST bracket

    Gambling operators will soon have to succumb to hefty taxes following a ruling which will see all gambling businesses placed under India’s highest tax bracket, local media reports. According to Finance Minister Arun Jaitley, all services related to gambling, race club betting and cinema halls will be taxed at 28 percent under the new rules. […]

    Turf clubs appeal for favorable GST ruling

    The Turf Authorities of India (TAI) has approached Union Finance Minister Arun Jaitley to discuss GST implications on horse-betting, local media reports. The Turf Club delegation, led by Royal Western India Turf Club’s chairman Vivek Jain reportedly met with the finance minister to discuss implications of the new Goods and Services Tax (GST) on horse-racing, […]

    Currency demonetization a tough pill to swallow

    Indian Finance Minister Arun Jaitley’s announcement to scrap the 500 and 1,000 rupee notes will wreak havoc on the performance of Goa’s offshore casinos, local media reports. The shock decision is said to be part of a crackdown on corruption and illegal cash holdings. People will be able to exchange their old notes for new […]