🌟 Highlights of GST Council Meet 🌟
🌟 Stocks that may see an impact: #DELTACORP #NAZARA

🌟 Headed by Finance Minister Nirmala Sitharaman, GST (Goods and service tax) council meeting started today. Everyone is keeping an eye on this meeting and their respective decisions. Below are Today's highlights of the council meeting.

🌟 28% GST on Online gaming, Casinos, and Race Courses.
A flat rate of 28% GST can be applied to popular online gaming, casino, and horse racing as suggested by a group of Ministers. Delta corp and Nazara Tech are the stock that can be impacted.

🌟 Extension of GST compensation to states
While introducing the GST, Central government has assured to the states to compensate the for 5 years for the revenue losses increasing from the implementation. States are requesting the extension of compensation.

🌟 GST Rate Rivision
Committe planning to revise the rates for some of the items. Committe proposed uniform 5% rate on prostheses and orthopaedic implants.

🌟 Amendments in GSTR Return:
GST council may ease the requirements for filing refund claims between March 1, 2020 and February 28, 2022. It is likely to extend the timeline for filling GSTR 4 for the year 2022.

🌟 GST Council to consider making E-way bill mandatory for gold and precious stones.

Disclaimer: The information mentioned above is only for educational purposes. Kindly contact your financial advisor before trading/investing πŸ’°

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