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ONLINE GAMBLING TAX
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...- 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...
- SC's GST ruling on online gaming: A loaded diceGovernment and state lawmakers have agreed to impose GST on online gaming. This tax will apply retrospectively to curb unregulated wagering...
- 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 ...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- Supreme Court backs Tamil Nadu, Karnataka online gaming laws on online rummy, poker with stakesThe Supreme Court has affirmed states' authority to control and prohibit online gaming involving betting. This decision overturns earlier H...
- ITR-2 online filing and excel utility for A.Y. 2026–27 are now enabled on the e-Filing ITR portalIndividuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can f...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- EU lawmakers back blockbuster $2.3-trillion long-term budgetThe European Parliament has backed a larger EU budget for 2028-2034, proposing new taxes on digital giants and online gambling to fund a 10...
- EU lawmakers want to tax Big Tech to fund budgetEuropean Union lawmakers are pushing for a bloc-wide tax on major technology firms and online gambling businesses. This move aims to genera...
- US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
- Big betting shake-up: 28 US states set tough new gambling rules, micro-bets targetedGambling laws are tightening across 28 US states in 2026, with crackdowns on sweepstakes, social casinos, and "micro-betting." California i...
- 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...
- US gambling crisis feared as online betting risesLegalization of sports betting in over 38 states since 2018 has resulted in rising gambling addiction, especially among young men. Revenue ...
- India aims to collect up to Rs 14,000 crore from online gambling tax in FY25Indian Revenue Secretary Sanjay Malhotra predicts that the government will collect up to Rs 14,000 crore ($1.7 billion) in goods and servic...
- GST officers detect tax evasion by offshore entities providing online betting, gamblingThese online betting and gambling apps are available on Google Play Store for android phone users and App Store for iOS users and can be fr...
- View: Policy needs to demarcate the difference between gambling and gamingThe income-tax treatment of these two types of activity also differs. Winnings from games of chance are taxed at the highest slab without a...
- Legalise bettingIt is time India legalised betting. Bring it above ground.
- Microsoft, Google, Yahoo pay heavy fines for Internet gamblingThe settlements marked the latest development in a US crackdown on Internet gambling, which has attracted a large number of Americans. Onli...
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