October 2, 2023
Receive free World updates We’ll send you a myFT Daily Digest email rounding up the latest World news every morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every weekday morning Good morning. Prime Minister Rishi
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24-hours news access only. Rishi Sunak insisted the biggest “tax cut” he could give would be to meet his goal of halving inflation. He was challenged about comments from Iceland boss Richard Walker, who claimed the Tories are “drifting out of touch” with the needs of business, the environment and “everyday people”. The Prime Minister
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The Karnataka Government on Friday notified the Ordinance amending the state’s GST law to tax online gaming, casinos and racecourses at 28% rate. Governor Thawar Chand Gehlot assented to the Ordinance draft the cabinet recently cleared. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Indian School of Business ISB Digital Marketing
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The Finance Ministry has notified October 1 as the date for implementation of the amended GST law provisions for taxing e-gaming, casinos and horse racing. According to the changes to the Central GST Act, these supplies will henceforth be treated as “actionable claims” similar to lottery, betting and gambling and subject to 28 per cent
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Online gaming firms aren’t getting any immediate relief from their Goods and Services Tax (GST) woes, as tax notices stand on firm legal ground, Central Board of Indirect Taxes and Customs chairman said. This and more in today’s Top 5. Also in this letter:■ ETtech Deals Digest■ Losses for meat retailer Licious narrow■ More delivery
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Goods and services tax (GST) tax notices to online gaming companies are in accordance with legal provisions, Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal said on Thursday, ruling out any immediate review. He said the government was ready to implement the 28% GST regime for online gaming, horse racing and
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SYDNEY: Consulting group PwC Australia admitted on Wednesday to “repeated failures of leadership” and promised further changes following a tax leak scandal that battered its global reputation. The firm has been mired in controversy since January when news emerged that staff had shared information from a confidential government tax briefing to drum up new business.
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Sky News host Paul Murray has slammed the Albanese government for ruling out a cut to fuel excise as petrol prices continue to rise. Treasurer Jim Chalmers said the government is not currently contemplating a cut. “It would hardly send the country broke,” Mr Murray said. Mr Murray noted that Labor ministers targeted the former
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Receive free Climate change updates We’ll send you a myFT Daily Digest email rounding up the latest Climate change news every morning. The author is EU commissioner for the economy Another summer of catastrophic fires and floods has provided further grim evidence of the worsening climate collapse our world is facing. Policymakers around the globe
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Receive free Carbon tax updates We’ll send you a myFT Daily Digest email rounding up the latest Carbon tax news every morning. Businesses are bracing themselves for the impact of the world’s first carbon border tax, which will impose red tape that will cost millions for those importing into the EU as protectionist trade measures
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