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REAL MONEY GAMING LAW
Quote of the Day by Isaac Asimov: 'In life, unlike chess, the game continues after...'- A powerful lesson about resilience and moving forward by one of the 'Big Three' science fiction writersScience fiction legend Isaac Asimov's quote, “In life, unlike chess, the game continues after checkmate,” offers a powerful lesson on resil...- Corporate job quit, real estate reality: Man shares 9 eye-opening lessons after 6 monthsA former corporate project manager has gone viral sharing insights from his six months as a real estate broker in Haryana. He has already c...
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- People who grew up without seatbelt laws, bicycle helmets, or parental supervision past the front door often describe their childhoods not as reckless but as unusually free, and many are still sorting out which of those things they believeResearch indicates a decline in children's independent activity is a key driver of falling mental wellbeing. This shift from unsupervised p...
- The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
- 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...
- Wealth Wisdom of the day: ‘Big money is not in buying and selling. But in…’ – What you can learn from Charlie Munger’s adviceWarren Buffett's business partner and the longtime Vice Chairman of Berkshire Hathaway - Munger – passed away in November 2023, but his ast...
- Canadian mother sues OpenAI, alleging ChatGPT encouraged daughter's suicideA Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter'...
- Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
- The real reason NVIDIA Omniverse is changing game development has nothing to do with creativityNVIDIA's Omniverse highlights a growing shift in game development, where AI is being used less for creativity and more for efficiency. As g...
- At FIFA World Cup stadiums, there will be zero tolerance for drones because of the threat they poseSecurity is heightened for the World Cup with a strict no-drone policy over stadiums. Law enforcement has new powers to disable or shoot do...
- More the retro, less the going forwardRecent developments have cast a shadow over government telecom spectrum charges imposed over ten years ago, now being questioned in light o...
- ₹3.1 lakh gaming PC gift turns sour? Man alleges girlfriend waited for her birthday gift only to break up the next dayA man is seeking legal advice after his girlfriend broke up with him the day after receiving a £2500 gaming PC for her birthday. He claims ...
- Motivational Quote of the Day by Barack Obama: "Money is not the only answer, but it makes a difference". Powerful lessons on financial responsibilityFormer US President Barack Obama's insight that "money is not the only answer, but it makes a difference" is highly relevant today. Financi...
- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
- World Cup players to earn $5,000 each day for clubs from $355M FIFA fundFootball clubs worldwide will receive substantial payments from FIFA for players selected for the upcoming World Cup. A fund of $355 millio...
- 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...
- Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
- 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...
- 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...
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