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

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  • Опубліковано 8 жов 2024
  • 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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КОМЕНТАРІ • 86

  • @studyiqofficial
    @studyiqofficial  Рік тому +15

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  • @Coolboi7-b1w
    @Coolboi7-b1w Рік тому +426

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

  • @inspectorIntro
    @inspectorIntro Рік тому +167

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

    • @jinfin221
      @jinfin221 Рік тому +8

      200% pls

    • @sachinnayal
      @sachinnayal Рік тому +8

      28 se upar nahi jaa sakta

    • @amus835
      @amus835 Рік тому +7

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

  • @nirupamchakraborty9312
    @nirupamchakraborty9312 Рік тому +27

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

  • @BrijeshSingh-vz8zc
    @BrijeshSingh-vz8zc Рік тому +210

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

  • @anshulthakre8987
    @anshulthakre8987 Рік тому +54

    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
    @MR-mj9xd Рік тому +23

    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
    @vivekpmc1992 Рік тому +39

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

  • @mahadevfanclub6224
    @mahadevfanclub6224 Рік тому +14

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

  • @mandar9711
    @mandar9711 Рік тому +8

    B). Gst introduced by kelkar task force in 2000

  • @bhalendugautam1
    @bhalendugautam1 Рік тому +26

    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

  • @Abhishek-e9t
    @Abhishek-e9t Рік тому +28

    Next gst council meeting will be taxing youtubers 51 percent 😂

  • @ajaymandal8314
    @ajaymandal8314 Рік тому +15

    And they wonder why Rich Indians leave India

  • @kamalo1
    @kamalo1 Рік тому +109

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

  • @kritishprajapati2809
    @kritishprajapati2809 Рік тому +11

    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
      @lohith_sai Рік тому +1

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

  • @Sidhu_Ji__
    @Sidhu_Ji__ Рік тому +6

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

  • @akhilkn225
    @akhilkn225 Рік тому +108

    Jitna freebies utna tax

    • @nikal..
      @nikal.. Рік тому +4

      That's how economy works

  • @moliam8611
    @moliam8611 Рік тому +11

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

  • @monicagautam3342
    @monicagautam3342 Рік тому +10

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

  • @ayushmankar4100
    @ayushmankar4100 Рік тому +3

    SUVs ke uper 22% Cess nahi lagana chahiye tha .

  • @vinitmore2995
    @vinitmore2995 Рік тому +3

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

  • @Suhass149
    @Suhass149 Рік тому +2

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

  • @salmanhaidr
    @salmanhaidr Рік тому

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

  • @RajneeshkumarShukla-j2l
    @RajneeshkumarShukla-j2l Рік тому +14

    Very good knowledge ❤

  • @Mar-wal-s6i
    @Mar-wal-s6i Рік тому +7

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

  • @matoind
    @matoind Рік тому +3

    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.

  • @pranjalsarkar4693
    @pranjalsarkar4693 Рік тому +40

    Tax on Gaming is a good move 👍

  • @agentdevplayz
    @agentdevplayz Рік тому +52

    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

  • @abhishekghosh5320
    @abhishekghosh5320 Рік тому +1

    Wow. Acha din aa gaye

  • @SuBu99999
    @SuBu99999 Рік тому

    Stock market me bhi hona chahiye

  • @DuskyRisky
    @DuskyRisky Рік тому +39

    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

    • @pardeepsharma-gs8hp
      @pardeepsharma-gs8hp Рік тому +16

      How about kisan smman nidhi and laadli behn yojna in MP these are not freebies as these are given by BJP government so no news chanel dare to call them freebies

  • @factos404
    @factos404 Рік тому +3

    Agar gst le rha to normal tax 0 kardo

  • @atimsaha1432
    @atimsaha1432 Рік тому +5

    Ans. 2004

  • @Rahul_Rai6
    @Rahul_Rai6 Рік тому +9

    Thanku sir ❤

  • @obaidsultansofi7393
    @obaidsultansofi7393 Рік тому +9

    Very informative video

  • @dharmeshparikh7837
    @dharmeshparikh7837 Рік тому +7

    Interesting information.

  • @Howto930
    @Howto930 Рік тому +6

    Gst ke naam par luto

  • @SunilKumar-ph5fu
    @SunilKumar-ph5fu Рік тому +52

    28% on all gaming is 100% correct decision.

  • @JunaidKhan-mx4dp
    @JunaidKhan-mx4dp Рік тому +2

    Very nice step by government ❤❤❤

  • @nitinsungroha6151
    @nitinsungroha6151 Рік тому +3

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

  • @pintumohanty9569
    @pintumohanty9569 Рік тому +3

    Good 👍 decision keep it up

  • @nishimagupta3237
    @nishimagupta3237 Рік тому +2

    GOOD AFTERNOON & THANK YOU SIR.

  • @arnabpolemical
    @arnabpolemical Рік тому

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

  • @ashutoshprabhat3553
    @ashutoshprabhat3553 Рік тому +1

    But education and books will be in GST 😡🙏🙏

  • @AtulSingh-jp2gj
    @AtulSingh-jp2gj Рік тому

    2009

  • @ChandanBA
    @ChandanBA Рік тому +4

    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😅

  • @shahistafarheen8659
    @shahistafarheen8659 Рік тому +1

    B

  • @rockstaramit3037
    @rockstaramit3037 Рік тому

    Interesting

  • @Adnan1é
    @Adnan1é Рік тому +1

    I think Nirmala sitaramana don't know laffer curve

  • @amitsarkar5514
    @amitsarkar5514 Рік тому

    Pura dash jst collection ka upar chal raha..

  • @Noaim8935
    @Noaim8935 Рік тому +1

    option B ✅️

  • @shubhamkumarbarnwal5451
    @shubhamkumarbarnwal5451 Рік тому +1

    Option A 1996

  • @factos404
    @factos404 Рік тому +8

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

  • @kaligaikwad1884
    @kaligaikwad1884 Рік тому +1

    B) 2000 atal bihari vajpayee

  • @yuvrajsongara6035
    @yuvrajsongara6035 Рік тому +2

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

  • @sakshikushwaha7465
    @sakshikushwaha7465 Рік тому

    Option A

  • @sudiptabera326
    @sudiptabera326 Рік тому +1

    Good decision

  • @SunilKumar-pu7me
    @SunilKumar-pu7me Рік тому +1

    More tax 🎉🎉🎉 yeeehhhhh

  • @DataDost
    @DataDost Рік тому

    Nice video

  • @shivamverma2977
    @shivamverma2977 Рік тому

    C

  • @rajkishansingh2392
    @rajkishansingh2392 Рік тому

    Option c

  • @BB-jf9yr
    @BB-jf9yr Рік тому +4

    Good 👍 decision

  • @Niturai218
    @Niturai218 Рік тому +3

    Good decision 👏

  • @VishB-nf5ye
    @VishB-nf5ye Рік тому +2

    Best decision.

  • @B_J_ARMY_OFFICAL
    @B_J_ARMY_OFFICAL Рік тому

    Jay Hind ❤️🇮🇳

  • @bakedoy826
    @bakedoy826 Рік тому

    ❤❤❤

  • @manoranjansuna2529
    @manoranjansuna2529 Рік тому

    A

  • @talwaal
    @talwaal Рік тому

    Very good decision on gaming tax

  • @AshutoshMishra-no6dx
    @AshutoshMishra-no6dx Рік тому

    Gaming is the best gst 👍

  • @TheCryptoGamersubscribe
    @TheCryptoGamersubscribe Рік тому +1

    2000 se

  • @SB-fi9up
    @SB-fi9up Рік тому

    2009

  • @uchiha3895
    @uchiha3895 Рік тому

    Jitna freebies utna tax