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2 mins read
Note floated to seek distinction between online game of skill, game of chance for FDI
Certain quarters raise objections as they relate online gaming with gambling and betting. There are…
PTI
4 mins read
India is betting on casinos, online games and horse races to fill its coffers
Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…
1 min read
GST notices worth Rs 1 lakh crore issued to online gaming firms
The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…
1 min read
28% GST on face value in casinos, online gaming, horse racing will increase revenue collection: FM
Finance minister Nirmala Sitharaman on Tuesday said the 28 per cent GST on full face value of suppl…
PTI
1 min read
SC stays K'taka HC decision quashing Rs 21,000 cr GST notice to online gaming platform
The Supreme Court on Wednesday stayed the judgment rendered by the Karnataka High Court which had q…
3 mins read
Online gaming industry says 28% GST makes operations unfeasible
The online gaming industry woke up expecting a bad day on Dalal Street after the 50th GST Council a…
2 mins read
8 in 10 Indians want 28% or higher GST on casinos, online games and horse races
Six in ten Indians are in favour of keeping cryptocurrencies under the 28% or higher goods and serv…
2 mins read
28% GST on crypto transactions? India is reportedly mulling another tax levy next week
A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…
2 mins read
India may expand taxes on crypto beyond IT and TDS – government reportedly mulling 28% GST
The crypto industry has already been buckling under income tax and TDS. Trading volumes in India fe…
2 mins read
India is working on crypto classification under GST law
The government is working on classification of cryptocurrency as goods or services under the GST la…
PTI
2 mins read
Rakesh Jhunjhunwala’s gamble on this stock is proving to be a bust after it slips 20% in a month
Rakesh Jhunjhunwala used to own over 10% of Delta Corporation a few years ago. Since then, however,…
2 mins read
Google's Play Store now allows gambling and betting apps — but not in India
Google has allowed gambling and betting apps on its Play Store that will be available for users in …
2 mins read
GST won’t increase your grocery bills, not for a few weeks at least
While several household products like cookies, toothpastes, soaps and hair oils will be taxed l…
2 mins read
GST might boost luxury car sales
It was in 2016 that the sales of cars and SUVs priced between Rs 25 lakh and Rs 2 crore had fall…
2 mins read
Gionee is on the verge of bankruptcy — and it’s about more than just its chairman allegedly gambling away $144 billion
Lirong has admitted that the company has a 17 billion yuan debt ($2.45 billion). Out of this a…
1 min read
GST is yet to be launched, but Indians are already paying more for toiletries
HUL, India's biggest consumer company, has increased its production run as it expects GST to lower …
4 mins read
Why GST is a crucial litmus test for the government
GST, in essence, is a value added tax to be levied on both goods and services, except for a list of…
3 mins read
GST Means India Is Keen On Adopting Global Practices
In a nutshell, GST is a value added tax to be levied on both goods and services except for a list o…
4 mins read
DMK vows to repeal CAA if INDIA bloc is voted to power
Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…
PTI
1 min read
RIL, Bajaj Finserv, Sun Pharma among top gainers today as indices settle in green
Gains were led by upmove in Nifty oil & gas, IT, metal, and media stocks. Also, a decline in…