50th GST Council Meeting: Exploring Big Updates | GST Council Meeting Today | UPSC | StudyIQ IAS

New StudyIQ Channel - / @upsccsestudyiq | Subscribe Now for Exclusive Videos and Amazing Content. Online line gaming tax raised to 28% on net revenue: 50th GST Council | PubG | UPSC
In this video, we dive into the significant changes announced at the 50th GST Council Meeting. Join us as we discuss the key updates and reforms in the Goods and Services Tax (GST) regime. Gain insights into the amendments in tax rates, compliance procedures, input tax credits, and other important aspects. Understand the implications of these changes for businesses, consumers, and the overall economy. Stay updated with the latest developments in GST and expand your knowledge of taxation policies and reforms relevant to UPSC (Union Public Service Commission) and other competitive exams.
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[@inspectorIntro]

Waiting for GST rate to reach 100%. Will be a milestone for India

[@jinfin221]

200% pls

[@sachinnayal]

28 se upar nahi jaa sakta

[@amus835]

Main toh 3 - 4 main paise kamake bhagne wala Dubai..

[@Coolboi7-b1w]

India has one of the highest car tax in world . Indian government charges 50% tax on car that is excluding road taxes .

[@harshitrastogi866]

Pathetic

[@BrijeshSingh-vz8zc]

GST should be under ED , Too much tax hide by business and people, Honest man and business have no problem

[@Aakashjohari2010]

Extra income for ED officials 🙌

[@nirupamchakraborty9312]

18% gst on health insurance is too much...increase in premium amount coupled with gst affected the middle class a lot

[@anshulthakre8987]

Option A is right answer 1996
P Chidambaram was a finence minister who introduced GST as tax reform and he was a Tamil Manila Congress party's MP

[@MR-mj9xd]

Cess on SUV is not good move .Many middle class family trying very hard to buy a mid size SUV. It is a set back to them

[@vivekpmc1992]

Today Delta corp share price fallen by 28% & settled to 23% below.

[@bhalendugautam1]

I feel government is waiting for large masses of population to sue them and ask for their basis of tax calculation. Higher taxes will also affect manufacturing and extra burden on tech entrepreneurs

[@kamalo1]

Thank you Govt For Saving Youth From getting addicted of gambling and online Games

[@mandar9711]

B). Gst introduced by kelkar task force in 2000

[@mahadevfanclub6224]

Koi nirmala Tai ko bta do log free m saas bhi le rhe h us pr bhi tax lga do 🤣

[@ajaymandal8314]

And they wonder why Rich Indians leave India

[@blackjackbanker2359]

Rich and high end middle class.
Add on the students 😂.

[@Abhishek-e9t]

Next gst council meeting will be taxing youtubers 51 percent 😂

[@kritishprajapati2809]

Main points :
1. Government has excluded certain goods from tax - cancer medicine
2. Tax on certain goods has been decreased - cinema refreshments , uncooked food items
3. 22% cess on car tax(28% GST)
4. 28% Tax on online games

[@lohith_sai]

Bro you missed about the tax reduction on Popcorn at cinemas from 18% to 5%🎉

[@monicagautam3342]

You are a fantastic professor!! Quick n to the ponit

[@RajneeshkumarShukla-j2l]

Very good knowledge ❤

[@DuskyRisky]

Whose money to give freebies to non revenue states there not infrastructure iT policy education skill higher education industry 🤔 🙄
We need tax autonomous then bimaru and west Bengal will Punjab etc learn to have job revenue tax generation policy
Which nation reversing reforms of economy Spain Greece France pension reforms

[@ayushmankar4100]

SUVs ke uper 22% Cess nahi lagana chahiye tha .

[@moliam8611]

Bekar body of India GST council because we really don't know that every finance minister have background from economic and commerce.

[@akhilkn225]

Jitna freebies utna tax

[@nikal..]

That's how economy works

[@Sidhu_Ji__]

Online satte bazzi pe 50% GST lgana chiye... Because they are looting people drop by drop.... And people doesn't know about this.

[@vinitmore2995]

Ans. In 2000 during atal bihari Vajpayee's government was in reign

[@salmanhaidr]

IT industry is the biggest and most prominent reason. After that Consulting and ER&D

[@Mar-wal-s6i]

28% is good tax ... Gaming added in tax is good move.👍

[@Rahul_Rai6]

Thanku sir ❤

[@Suhass149]

Everyone saying waiting for GST to reach 100%, get a life

[@pranjalsarkar4693]

Tax on Gaming is a good move 👍

[@abhishekghosh5320]

Wow. Acha din aa gaye

[@agentdevplayz]

online skill based games such as free fire valorant bgmi codm are rising. instead of supporting them govt just put on tax. already organizations' are loss making in this field. they will just run instead of investing

[@matoind]

The gaming industry is crying but they were just gambling games like Rummy and betting. No GST impact on games that don’t require you to lay some amount for cash prize win.

[@atimsaha1432]

Ans. 2004

[@obaidsultansofi7393]

Very informative video

[@SuBu99999]

Stock market me bhi hona chahiye

[@SunilKumar-ph5fu]

28% on all gaming is 100% correct decision.

[@yashwantchoudhari2080]

It's definitely wrong for skill type games

[@sahil_a6584]

It is justified

[@JunaidKhan-mx4dp]

Very nice step by government ❤❤❤

[@factos404]

Agar gst le rha to normal tax 0 kardo

[@nishimagupta3237]

GOOD AFTERNOON & THANK YOU SIR.

[@pintumohanty9569]

Good 👍 decision keep it up

[@dharmeshparikh7837]

Interesting information.

[@yuvrajsongara6035]

सर जी ‌इस पाॅपकाॅन को हम इन्दोरी फुल्ला बोलते हैं😅😅

[@Howto930]

Gst ke naam par luto

[@arnabpolemical]

It's good decision to free the medicine of rare disease. sma patients will obtain relive from this.

[@Adnan1é]

I think Nirmala sitaramana don't know laffer curve

[@Noaim8935]

option B ✅️

[@ashutoshprabhat3553]

But education and books will be in GST 😡🙏🙏

[@rockstaramit3037]

Interesting

[@nitinsungroha6151]

Good decision, online gaming has destroyed many people's life. They should be banned.

[@ChandanBA]

28% is not on winning. For example you bet 100rs then you are betting 72 while including platform fee it will be around 60 to 70. No one will like this odds😅

[@factos404]

Guys time to leave India, al-habibi come to dubai🎉🎉

[@amitsarkar5514]

Pura dash jst collection ka upar chal raha..

[@shubhamkumarbarnwal5451]

Option A 1996

[@DataDost]

Nice video

[@kaligaikwad1884]

B) 2000 atal bihari vajpayee

[@SunilKumar-pu7me]

More tax 🎉🎉🎉 yeeehhhhh

[@sakshikushwaha7465]

Option A

[@SB-fi9up]

2009

[@bakedoy826]

❤❤❤

[@shahistafarheen8659]

B

[@BB-jf9yr]

Good 👍 decision

[@Niturai218]

Good decision 👏

[@B_J_ARMY_OFFICAL]

Jay Hind ❤️🇮🇳

[@sudiptabera326]

Good decision

[@VishB-nf5ye]

Best decision.

[@rajkishansingh2392]

Option c

[@shivamverma2977]

C

[@talwaal]

Very good decision on gaming tax

[@manoranjansuna2529]

A

[@AshutoshMishra-no6dx]

Gaming is the best gst 👍

[@AtulSingh-jp2gj]

2009

[@uchiha3895]

Jitna freebies utna tax