The 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...

Americans who hit jackpots at casinos stand to gain in 2026. The IRS just confirmed a major shift: the taxable threshold for slot machine w...

As we approach FY 2025-26, it's essential to get a grip on advance tax, particularly for those relying on salary income or long-term capita...

Taxpayers with liabilities exceeding Rs 10,000 must pay advance tax in quarterly instalments. The Q2 deadline for FY 25-26 is September 15,...

Income tax rules say that if an individual's estimated tax liability for the financial year after subtracting tax deducted at source (TDS) ...

"Certain members had raised the issue of retrospective taxation. It was informed to them that this is not retrospective, and this was the l...

CBIC chair says will implement 28% GST regime after state laws amended, review in 6 months

The Central Board of Indirect Taxes and Customs (CBIC) chairman, Sanjay Kumar Agarwal, has stated that the goods and services tax (GST) not...

Officials said liabilities in the case of the 40 online gaming companies could add up to Rs 10,000 crore. The authorities had been awaiting...

However, the industry claims the move threatens to make the $20 billion online gaming sector unviable.

Rajasthan High Court asks DGGI to refrain from taking coercive action against the company

It would be far more prudent to allow games of skills flourish under self-regulation and tax them at 18%. Make gambling mainstream by allow...

Crypto is an asset class and an investment product. Trading crypto requires specific skills and cannot be compared to gambling.

Tencent-backed Dream11 offers an online fantasy game, wherein players can create different virtual sports teams, comprising as many players...

If you reinvest the earnings from your investment and earn further income, then such income will not be clubbed with the husband’s taxable ...

Let’s give the Budget credit for removing the absurd rule that even when a commodity hedger makes a loss, he could have a tax liability.

Communist-led government has scrapped the licence of Indian "Casino King" Rakesh Wadhwa to operate casinos in Nepal for his alleged failure...