Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
29 Jul, 2026, 11.21 AM IST
Brands see strong consumer appetite this festive season despite war-led woesIndian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not si...
27 Jul, 2026, 10.18 AM IST
Gaming founders appeal to GST Council for personal liability relief after Supreme Court rulingReal money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...
30 Jun, 2026, 12.05 AM IST
I made Rs 29 lakh from equities but lost all of it on bogus trading portal. Do I still have to pay income tax on the gains?ET Wealth Reader's Query: I sold shares worth Rs.5 lakh (long-term) and redeemed mutual funds worth Rs.24 lakh, largely long-term. Unfortun...
15 Jan, 2026, 11.30 AM IST
Paytm unit First Games to challenge Rs 5,700 crore online gaming GST demandPaytm's subsidiary, First Games Technology, faces a substantial GST demand of Rs 5,712 crore, including penalties and interest, from the DG...
29 Apr, 2025, 03.24 PM IST
SC stays show cause notices in GST dispute against online gaming companies till March 18The Supreme Court has temporarily halted the proceedings on notices issued to online gaming companies and casinos by the DGGI concerning a ...
10 Jan, 2025, 01.01 PM IST
SC stays GST notices on online gaming firms till final decision on matterThe two judge bench of Justice JB Pardiwala and Justice R Mahadevan has listed the matter for further hearing in March.
10 Jan, 2025, 12.31 PM IST
Gaming companies move SC for interim relief from taxmanGaming firms are seeking Supreme Court intervention against retroactive GST demands, which could lead to hefty tax burdens exceeding their ...
05 Jan, 2025, 11.30 PM IST
Law committee recommends amendment to CGST law to quash retro tax noticeThe recommendation, if approved by the council may give relief to a large number of industries including online gaming industry, which was ...
19 Jun, 2024, 01.12 AM IST
Retro tax demand on online gaming companies may be quashedAs per the recommendation tax notices in cases where the lower tax was paid due to interpretation of law or lack of clarity can be quashed,...
19 Jun, 2024, 12.40 AM IST
Calcutta HC grants Delta Corp interim relief in Rs 6,384 cr tax demand caseThe Calcutta High Court has granted interim relief to Delta Corp's Deltatech Gaming Ltd in a Rs 6,384 crore goods and service tax (GST) dem...
06 Dec, 2023, 04.22 PM IST
Government notifies valuation methodology for calculating GST on online gaming, casinosThe Ministry of Finance notified amendments to Central GST law for calculating value of supply in case of online gaming and casinos as per ...
06 Sep, 2023, 10.47 PM IST
GST Council recommended 28% GST on deposits with companiesThe goods and services tax (GST) council on Wednesday gave partial relief to online gaming companies clarifying that 28 per cent GST will b...
03 Aug, 2023, 03.45 PM IST
New income tax slabs under new tax regime, no LTCG tax benefit on debt mutual funds: 15 income tax changes from April 1Budget 2023 has made many changes under the Income Tax Act, 1961. Some of these changes will come into effect from the start of new financi...
03 Apr, 2023, 05.28 PM IST
GST Council meet: Compensation issue, tax on online gaming, tax exemption list top on agenda todayThe GST Council, headed by Union finance minister Nirmala Sitharaman and comprising representatives of all states and UTs, is meeting after...
28 Jun, 2022, 01.39 PM IST
- LBT will be a game-changer: CII
The newly-introduced local body tax (LBT) in Maharashtra is going to bring transparency and would be a game changer, industry body CII said...
10 Apr, 2013, 06.22 PM IST
- SC notice to Amitabh Bachchan on IT dept's petition
A Supreme Court Bench headed by Justice S S Kapadia on Monday issued notice to actor Amitabh Bachchan on a petition from the Income-Tax Dep...
04 May, 2009, 02.30 PM IST