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Impavid Bulletin

BUSINESS

The Goods and Services Tax Council decided to levy 28% GST on online gaming, horse racing and casinos on full value in its 50th meet in New Delhi on Tuesday.

The GST Council has approved several proposals, including reducing the tax on food served in cinema halls and exempting tax on certain life-saving drugs.

In Asian markets, meanwhile, Seoul, Tokyo, Shanghai and Hong Kong ended in the green.

On Monday, the Taiwanese tech giant announced its withdrawal from a semiconductor joint venture (JV) with Vedanta Limited.

The Ministry of Corporate Affairs will decide whether to escalate the matter to the Serious Fraud Investigation Office based on the findings of the inspection.

On Monday, the Taiwanese technology manufacturer rolled back its plan to invest $20 billion ( ₹1647 crore) in semiconductor manufacturing in India.

Tata Group is reportedly close to acquiring an Apple supplier's factory, marking the first time a local company will assemble iPhones.

The Union finance minister-headed panel is likely to deliberate on a host of other issues as well.

Want to buy gold and/or silver today? Here's how much you must pay for each on Tuesday.