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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   


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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…

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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…

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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…

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GST on casinos, lotteries, horse races deferred as Nirmala Sitharaman reconsiders

The GST Council on Wednesday deferred decision on levying a 28 per cent tax on casinos, online gami…

PTI   


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Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means

The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…

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Crypto investing is like gambling on horse races and the market was caught in a 'bubble doomed to burst,' ECB's Panetta says

The European Central Bank's Fabio Panetta says crypto "urgently" needs a regulatory crackdown, citi…

Morgan Chittum   


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Centre seeks to amend GST Act to levy 28% tax on online gaming, casinos

The central government on Friday will seek the introduction and passage of the Central Goods and Se…

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2 mins read

Jamie Dimon reveals what he would do as president: Tax people like Bill Ackman more

JPMorgan CEO Jamie Dimon said that if he were president, he'd make the wealthy — like Bill Ackman —…

Madeline Berg   


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GST Council meet: decriminalisation, tax evasion in pan masala, gutkha biz on agenda

Besides, GST on online gaming and casinos may come up for deliberations at the Council meeting.…

PTI   


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3 mins read

Your comprehensive document checklist for income tax return filing

The income tax return filing, or ITR filing, season will be here soon and with that has begun the s…

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2 mins read

JPMorgan CEO blasts tax breaks for race cars and private jets - and says the write-offs need to stop

Dimon, CEO of the US' largest bank by assets, said the hundreds of tax breaks for things like priva…

Tim Levin   


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SIMPLY PUT: How will the GST council’s tax changes affect family budgets?

GST rates were being revised to rationalise tax on certain goods and services to correct a…

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4 mins read

Income tax return form will have a whole new column just for crypto next year

The government will from April 1 charge a 30 per cent tax plus cess and surcharges, on such tran…

PTI   


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Who and How we can file ITR 4 Online?

ITR 4 can be filed by those individuals, Hindu Undivided Families and Partnerships whose t…

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3 mins read

ITR 1 Filing: Who can file ITR 1

Here we learn who can file ITR 1 which is also known as Sahaj form. ITR1 is also popularly kn…

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2 mins read

Kentucky Derby 2019: Post positions and odds for the first race of the Triple Crown

Below you'll find the post position and morning odds for every horse in the 2018 Kentucky Derby. Od…

Tyler Lauletta   


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File your taxes online in six easy steps

If you thought tax troubles ended with the financial year, you are wrong. As per the Indian Income …

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2 mins read

Sports betting, gambling might turn into a regulated, taxed activity in India

However, the panel decided that since betting and gambling are intertwined, the law could be e…