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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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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…

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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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6 mins read

Union Budget 2024: A handy FAQ guide to decode the upcoming budget

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

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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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1 min read

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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6 mins read

A global scramble to make humanoid robots is gearing up to be the 21st century's space race

The race to mass-produce humanoid robots is on, and China and the US are in the lead. It's heavily …

Joshua Zitser,Jyoti Mann   


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3 mins read

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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1 min read

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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4 mins read

China's led the EV race – but it may be running out of charge

The world has woken up to China's control over the materials for electric-car batteries while a slu…

Nathan Rennolds   


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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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CBDT exempts startup investments from 21 nations including US, UK from angel tax

India’s finance ministry has announced that non-resident investors in unlisted Indian start-ups fro…

PTI   


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Age no bar, elections baar baar: 91 year old galloping horse ready to contest Karnataka state polls

At 91, Congress party has nominated Shamanuru Shivashankarappa, the oldest sitting legislator, as a…

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3 mins read

EV sales expected to grow by over 65% in 2024, double its overall market share

Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…

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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