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DIGITAL CASINOS IN INDIA
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...- 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 ...
- Flipkart group CFO exits; Zomato raises platform feeHappy Friday! Flipkart group CFO Sriram Venkataraman is set to exit after more than a decade at the Walmart-owned ecommerce giant. This and...
- India cracks down on illegal betting apps, blocks 300 platforms: ReportAuthorities have blocked approximately 300 illegal gambling and betting websites and applications. This action is part of a broader effort ...
- Gaming stocks rise up to 8% on cabinet nod to online gaming bill. Delta Corp top gainerGaming stocks surged with Delta Corp leading 8% gains after reports of cabinet approval of the Online Gaming Bill. OnMobile rose nearly 4% ...
- SC transfers to itself all petitions against 28 pc GST on online gaming companiesSeveral online gaming companies including Gameskraft, Dream 11, Games 24x7, and Head Digital Works have approached the court also challengi...
- Govt notifies GST amendment to levy 28% tax on online gaming"The amendments made under this Act shall be without prejudice to provisions of any other law for the time being in force, providing for pr...
- Overseas players too will have to pay 28% GST on bets placed on domestic e-gaming platformsThe amendment in IGST Act gives powers to the Government to notify such goods, so that in case of import of such goods IGST can be levied a...
- Lok Sabha passes CGST and IGST Amendment Bill to enforce 28% GST on online money gamingWhile the amendment proposes simplified GST registration for such overseas suppliers, it also empowers authorities for blocking websites or...
- Cabinet clears changes to GST laws to levy 28% GST on online gaming, casinos, horse race clubsThe amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be...
- 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...
- 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 ...
- Brazil misses out on World-Cup betting. What’s India’s wager?Eventually, India will also figure out that resistance is counterproductive. It’s ridiculous to give up revenue from cricket, the national ...
- Will gaming industry touch new highs riding on millennial push?The virtual gaming market can be classified into several categories: console games, online multiplayer games (web-based or on mobile device...
- Bengaluru institute exports ‘open-source Aadhaar’; GoM suggests 28% GST only on betting componentThe programme is backed by the Bill and Melinda Gates Foundation (BGMF), Tata Trusts, Norad, and Omidyar Network, which have cumulatively p...
- 87% Indian adults believe online gaming affects well-being, says NortonLifeLock surveyAbout 73% of the parents surveyed said that their children prefer shooting and adventure games, while 21% said that their children show a p...
- Rs 100 crore black money related to casinos detected after note ban: Manohar ParrikarParrikar said the government can opt for cashless transactions and is planning to go digital, but cannot force others to do so.
- Dont't club cinema with gambling, lower tax rate: Multiplex Association of IndiaThe association said cinema is a primary form of entertainment for the masses and needs to be supported in the form of a lower rate of tax ...
- Liquor, casinos too have place on Goa tourist map: Goa Deputy Chief Minister Francis D'Souza"Casino industry is helping the state government earn revenue. If we didn't want it why did we allow it at the first place?" the Deputy Chi...
- Seven expensive stocks that are still outpacing SensexStocks of cos such as United Breweries, Siemens, Delta Corp, Gillette India and Just Dial are all trading at close to earnings multiple of ...
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