India’s online gaming ban: Are our policymakers really listening?
  • 25 Aug 2025 06:13 PM
  • New

India’s online gaming ban: Are our policymakers really listening?

Source: https://www.livemint.com/opinion/online-views/online-gaming-bill-2025-online-real-money-gaming-ban-rmg-india-e-sports-promotion-gst-collections-dream11-rummy-poker-11755785914498.html

The government’s Promotion and Regulation of Online Gaming Bill, 2025, approved by both Houses of Parliament, aims to promote e-sports and social games while banning real money gaming (RMG)—or games that involve stakes purchased with money, directly or indirectly, including by means of virtual assets.

Read More
Indian Medical Association supports governments GST relief on essential medicines
  • 25 Aug 2025 06:29 PM
  • New

Indian Medical Association supports governments GST relief on essential medicines

Source: https://www.livemint.com/companies/news/indian-medical-association-supports-governments-gst-relief-on-essential-medicines-11756104382631.html

The Indian Medical Association (IMA) has welcomed the Goods and Services Tax (GST) Council's decision to reduce GST on several cancer-related and other essential medicines, calling it an essential move to make healthcare more affordable for millions of patients across India. The association expressed its gratitude to the Council and the Government of India in a press release.

Read More
Fitch forecasts India's GDP growth at 6.5% for FY26, affirms ‘BBB-’ rating amid solid growth | 5 Points
  • 25 Aug 2025 06:39 PM
  • New
Vegetable oils body IVPA urges govt to lift GST refund restrictions
  • 25 Aug 2025 06:04 PM

Vegetable oils body IVPA urges govt to lift GST refund restrictions

Source: https://www.livemint.com/focus/vegetable-oils-body-ivpa-urges-govt-to-lift-gst-refund-restrictions-11756020263587.html

New Delhi, Aug 24 (PTI) Vegetable oil industry body IVPA has urged the government to lift restrictions on tax credit refunds in place since July 2022, saying the curbs are straining working capital and deterring investment in the sector.

Read More
The week in charts: India’s RCEP re-entry, job cuts at banks, GST revamp, ethanol blending debate
  • 23 Aug 2025 05:35 PM

The week in charts: India’s RCEP re-entry, job cuts at banks, GST revamp, ethanol blending debate

Source: https://www.livemint.com/news/india/the-week-in-charts-india-s-rcep-re-entry-job-cuts-at-banks-gst-revamp-ethanol-blending-debate-11755762441819.html

From the Centre’s proposed ban on online gaming to India’s possible return to an eastern trade bloc, a slowdown in private banks’ hiring, and a reboot of the GST regime—here are this week’s key numbers.

Read More
Best of the week: Tariffs, bees, and ripple effects
  • 23 Aug 2025 05:33 PM
Tax cuts and GST reforms are closer than you think
  • 23 Aug 2025 05:28 PM

Tax cuts and GST reforms are closer than you think

Source: https://www.livemint.com/news/gst-council-to-consider-tax-rate-cuts-tobacco-festival-season-aerated-drinks-economy-pharma-insulin-vegetable-11755880299885.html

GST Council to consider tax rate cuts, reforms on 3 and 4 September, so that consumers planning purchases during the festival season get the benefits.

Read More
Mint Explainer | What's next for online gaming? Five burning questions
  • 22 Aug 2025 06:00 PM

Mint Explainer | What's next for online gaming? Five burning questions

Source: https://www.livemint.com/industry/online-gaming-bill-rajya-sabha-real-money-gaming-ban-startups-dream11-mpl-probo-online-rummy-fantasy-games-11755784369331.html

NEW DELHI : The Promotion and Regulation of Online Gaming Bill, 2025, which was passed by the Rajya Sabha on Thursday, is on track to become a law unless the President of India recommends it to a standing committee.

Read More
Trump tariff deadline looms: How should you position your stock portfolio? Experts weigh in
  • 22 Aug 2025 06:13 PM

Trump tariff deadline looms: How should you position your stock portfolio? Experts weigh in

Source: https://www.livemint.com/market/stock-market-news/trump-tariff-deadline-looms-how-should-you-position-your-stock-portfolio-experts-weigh-in-11755765034405.html

Indian equity markets showed mixed performance in August 2025, recovering after six weeks of declines due to positive factors like easing CPI inflation and geopolitical optimism. However, challenges remain with significant FII outflows and impending US tariffs impacting export-heavy sectors.

Read More
Ministers greenlight two-rate GST, tax relief likely on a range of items
  • 22 Aug 2025 06:08 PM

Ministers greenlight two-rate GST, tax relief likely on a range of items

Source: https://www.livemint.com/news/ministerial-panel-endorses-two-rate-gst-structure-duty-proposed-on-sin-goods-to-replace-cess-11755769789182.html

A range of goods from cars to kitchenware may turn cheaper in the near future, with a top panel of state ministers greenlighting a proposal to simplify India's indirect tax system. A ministerial panel formed by the Goods and Services Tax (GST) Council endorsed the Centre's proposal for a simplified tax structure on Thursday, setting the stage for its rollout before the coming festive season.

Read More