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Top headlines: GST on casinos deferred; marketing freedom to oil producers

Briefing reporters about deliberations at the two-day meeting of the GST Council, Finance Minister Nirmala Sitharaman said finance and other ministers of 16 states spoke on the compensation issue

Nirmala Sitharaman
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The GST Council on Wednesday deferred decision on levying a 28 per cent tax on casinos, online gaming, horse racing and lottery pending more consultations with stakeholders, Union Finance Minister Nirmala Sitharaman said.

BS Web Team New Delhi
Govt approves deregulation of sale of domestically-produced crude oil

The government on Wednesday decided to give marketing freedom to domestic crude oil producers, allowing them to sell oil to whosoever they want.

Briefing reporters on the decisions taken at a meeting of the Union Cabinet, Information and Broadcasting Minister Anurag Thakur said the Cabinet approved deregulation of the sale of domestically produced crude oil. Read more

About dozen states seek extension of GST compensation; no decision taken

About a dozen states cutting across party lines on Wednesday pitched for extending the mechanism to compensate states for revenue