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DELTA CORP GST
Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...
SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...
DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backingThe Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court ...
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 ...
Delta Corp shares soar over 15% after SC stays GST notices to online gaming companiesDelta Corp shares surged 15.4% to Rs 130.8 after the Supreme Court stayed proceedings on show cause notices worth Rs 1.12 lakh crore issued...
Delta Corp shares jump over 7% as SC agrees to hear online gaming industry's pleas against GST noticesDelta Corp shares have fallen 21% in the past six months and 59% over the last three years. The stock's relative strength index (RSI) is at...
Delta Corp shares surge 15% on GST cut hopesShares of Delta Corp, the sole listed company in India's casino gaming industry, saw a significant surge of nearly 15%. This increase in st...
Delta Corp says Rs 23,200 crore-GST demand arbitraryDelta Corp, an online gaming and casino firm, contested a GST demand of over Rs 23,200 crore, deeming it arbitrary and contrary to laws, he...
Govt serves online gaming companies tax notices worth Rs 1 lakh croreIndian tax authorities have served notices worth about 1 trillion rupees ($12.03 billion) to online gaming companies, a government official...
Delta Corp shares jump 8% after Bombay HC intervention in GST shortfall caseEarlier, the tax authorities had issued a show cause notice to the company alleging a shortfall in tax payments by Delta Corp and its two s...
Bombay HC says no final orders without permission on Delta Corp's Rs 16,195 cr GST demand noticesThe Bombay High Court has instructed the Goods and Services Tax (GST) authorities not to make any final decisions on the GST demand notices...
Sikkim High Court stays Rs 628 cr GST demand against Delta CorpThe Sikkim High Court has temporarily halted a Rs 628 crore GST demand order against Delta Corp, a casino and online gaming company. The co...
Deltatech Gaming IPO on hold given the uncertainty: Delta Corp CFOThe company's shares have been under pressure since the last one month after the company and its subsidiaries received several GST notices....
Delta Corp shares tumble another 9% on fresh GST noticeShares of Delta Corp, a casino operator based in Goa, dropped 9% after its subsidiary, Deltatech Gaming, received a GST shortfall notice wo...
Delta Corp gets another GST notice, this time for Rs 6,384 crDeltatech Gaming Ltd, a subsidiary of casino operator Delta Corp, has received a goods and service tax (GST) shortfall notice worth Rs 6,38...
ICICI Lombard slips over 1% on Rs 1,728.86 crore GST notice for alleged non-paymentAs per the filing to the exchanges, the alleged shortfall relates to Delta Corp and its two subsidiaries, Highstreet Cruises and Entertainm...
Casino operator Delta slumps 18% as GST notice spooks StreetThe stock hit a 52-week low of ₹140.20 before closing at ₹143. On the BSE, over 7 million Delta shares changed hands as against the two-wee...
Ashish Kacholia sells 0.56% stake in Delta Corp through bulk dealIt is unclear how much Kacholia held prior to the stake sale in Delta Corp. It will most likely be below 1%. The stake sale comes after the...
Casino operator Delta Corp shares tank 20% on Rs 11,140 crore GST noticeShares of Delta Corp, which operates casinos in India, fell nearly 20% following a tax payment notice from the government. The notice requi...