Searched for
CASINOS GST IMPLICATIONS
SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...- Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
- SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
- Online gaming equals gambling, taxable at 28% GST: Centre tells Supreme CourtThe Supreme Court is hearing arguments regarding the taxability of online gaming, with the DGGI asserting that the stakes involved constitu...
- FM Sitharaman-led GST Council meet begins; Here are the key expectationsThe 54th GST Council meeting, led by Finance Minister Nirmala Sitharaman and attended by state ministers, commenced on Monday. Key agenda i...
- GST Council to deliberate on taxation of insurance premium, report on online gamingThe GST Council will discuss various issues, including taxation on insurance premiums, rate rationalisation, and online gaming. They will c...
- Hoist the sails: India’s cruise tourism faces a host of challenges despite tax incentives for foreign linersThe World, the largest privately-owned residential yacht, visited Visakhapatnam. India, with its extensive coastline and rivers, holds pote...
- GST Council Meeting: Sin goods windfall, tax relief talks, and more ahead of budget buzzGST Council Meeting: The upcoming 53rd meeting of GST Council is poised to discuss several key measures that could pave the way for signifi...
- GST intelligence unit detected over Rs 1.98 lakh crore worth tax evasion cases in 2023"DGGI has achieved an increase in detection of cases of evasion and voluntary payments. In 2023, DGGI detected 6,323 cases involving evasio...
- Delta Corp Q2 Results: Profit rises 2% YoY to Rs 69 crore; revenue flatThe company has posted an EBITDA of Rs 100 crore in the quarter under review, again flat compared with the last year period. EBITDA margins...
- Delta Corp shares hit new 52-week low, fall 23% in 2 sessions on tax blowThe stock has lost more than 23% in the last two sessions, after the company received a notice from the government to pay tax of Rs 111.4 b...
- 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 ...
- Fuelling foul play and finishing fair play: How GST will distort gaming industryThe decision of the GST Council to impose 28% GST on online games has been criticized by the gaming industry, as it will discourage legal g...
- CCI sided with Amazon in verdict, alleges Google; GoM, states divided over GST on online gamingTech giant Google has alleged that the Competition Commission of India sided with rival Amazon after the latter said Google's restrictions ...
- GST on gaming and gambling: Don’t ‘game over’ before it has even begunCaught between a perception that online games are nothing but a rich man’s gambit that only whips up greed and promotes gambling, India’s $...
- Taxing online gaming industry on par with gambling will stifle growth: WinzoThe GST Council on Wednesday deferred its decision on levying a 28% tax on casinos, online gaming, horse racing and lottery pending more co...
- Centre working on GST dispute resolution systemPlan includes setting up a dispute redressal bench with representation from states, the Centre, and independent law and tax experts
- India puts GST rate tweaks on hold till it has a grip on inflationThe Centre has sought a legal view on the divestment of Pawan Hans and Central Electronics Ltd (CEL) that's run into complications owing to...
- In NBFCs, men will be separated from boys: Nilesh Shah, Kotak AMC“It will be safer to be in NBFCs focussed on individual borrowers rather than property developers.”
Load More
