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Earned money from Dream 11, Rummy, other real money gaming apps? File ITR now to report this income or risk tax notice and likely prosecution- Electronics companies tap global talent to power up India's component show
- Educated aplenty, skilled in shortage: Why India’s employers are struggling despite a surplus of graduates
- NCLT okays Ramkrishna Forgings' bid to acquire Amtek Group armThe bankruptcy court has approved Ramkrishna Forgings' bid to acquire JMT Auto, a subsidiary of the Amtek Group, through the corporate inso...24 Aug, 2023, 11.54 PM IST
- 28% GST stays on online gaming, casinos; Council to review taxation in six months from implementationThe Goods and Services Tax (GST) Council has decided to retain a 28% tax on online gaming, casinos, and horse racing. The tax is likely to ...03 Aug, 2023, 12.04 PM IST
- Delta Corp shares tank 8% after GST Council retained 28% tax on casinosThe Council, chaired by Sitharaman and comprising state ministers, in its last meeting on July 11 approved levying a 28% tax on the full fa...03 Aug, 2023, 11.07 AM IST
- 28% GST on online gaming big blow to $1-trillion digital economy target: IAMAIIAMAI said that the new tax structure is contrary to global best practices, where GST on online gaming is levied on Gross Gaming Revenue (G...12 Jul, 2023, 10.09 PM IST
- Countries with thriving online gaming industry levy GST on gross gaming revenue: ReportIn India, the online gaming industry currently pays GST at the rate of 18 per cent on GGR amounting to over Rs 2,200 crore per year, Lakshm...15 Dec, 2022, 04.52 PM IST
- Real-life uses of virtual tokens: Gig pay, travel spends in cryptoBuying and selling has been the primary use-case for most types of cryptoholders. The prospect of higher returns compared to conventional a...29 Mar, 2022, 07.16 AM IST
- When crypto assets received as gift are tax exempt in your handsAs per the Budget 2022 announcement, the gift of virtual digital assets is proposed to be taxed in the hands of a recipient. However, as pe...15 Feb, 2022, 10.13 AM IST
- Tax and track: How Budget is mixed bag for crypto investorsIndia became one of the few countries to tax digital assets like cryptocurrencies and NFTs (non-fungible tokens) when finance minister Nirm...08 Feb, 2022, 07.15 AM IST
- Crypto losses can't be set off against other income but can they be set off against crypto gains?What will happen if you incur a loss trading in one crypto asset, say, in bitcoin, and make a profit in selling another one, say dogecoin? ...04 Feb, 2022, 02.52 PM IST
- 30% tax on income from digital assets: All you need to knowThis implies that if you are holding cryptocurrencies, then income derived from such an investment will be taxed at 30 percent. Any profits...02 Feb, 2022, 10.06 AM IST
- RBI wants full ban on crypto, legal experts say it is too lateOn Christmas Eve in 2013, the Reserve Bank of India (RBI) had issued a note cautioning Indians about financial, legal and security risks of...28 Dec, 2021, 07.02 AM IST
- Big league awaits Indian online gaming firms in 2021Fundraising by Indian online gaming firms in 2021 is expected to surpass previous records as investors will look to make the most of people...06 Jan, 2021, 10.30 AM IST
- India needs to improve contract enforcement, upgrade infra to attract companies, say expertsExperts feel the pandemic has created unique opportunities for India to attract investments.24 May, 2020, 09.03 PM IST
- GST collections likely to top Rs 1 lakh crore in November, DecemberGST revenue rose to Rs 94,442 crore in September and officials feel it could surpass the landmark one lakh crore on increased demand during...02 Oct, 2018, 05.54 PM IST
- Government sets up office of GST Commissioner (Investigation) to deal with tax evasionWith most of the loose ends tied up with regard to Goods and Services Tax (GST), the revenue department has now decided to focus on enforce...12 Sep, 2018, 04.56 PM IST
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