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.
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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.
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Ratings agency Fitch has affirmed India's sovereign rating at ‘BBB-’ with a stable outlook, and forecasts 6.5 per cent of GDP growth in FY26, it said on August 25.
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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.
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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.
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Billionaire villages, India-China are getting closer, and Ola Electric's missing chairman
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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.
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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.
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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.
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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.
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