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GST Council Meeting: Key Changes and Expectations

22 Jun, 2024

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet today after an eight-month hiatus. Key topics include a possible review of the 28% GST on online gaming and potential adjustments to GST rates on fertilizers and raw materials. Discussions may also address the inclusion of fuel under GST, which could standardize prices but faces state opposition due to revenue concerns. The online gaming sector, facing substantial tax liabilities, eagerly awaits clarity on the contentious 28% GST rate.

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