Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
53rd GST Council Meeting: Here’s What to Watch For
GST
The GST Council is convening on June 22, 2024, after an eight-and-a-half-month hiatus to address significant issues in India's GST regime. Key agenda items include rationalizing GST rates, potentially consolidating multiple tax brackets, and rectifying the inverted duty structure in the pharmaceutical sector. \r
Discussions will also cover the contentious 28% GST on online gaming and casino activities, with industry representatives advocating for a review. Uncertainty surrounds the future of the GST Compensation Cess, set to expire in March 2026, and the implementation status of recommendations from the Bommai Committee. \r
The Council may revisit broader rate rationalization proposals and provide clarity on operational issues like online gaming taxation and ESOPs. Anticipated announcements will impact businesses, consumers, tax practitioners, and the overall economic landscape.
