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TAX RATES ONLINE GAMING
Physicswallah is ‘class’ apart, says DAM Capital after initiating with Buy rating. 3 reasons whyDAM Capital has initiated coverage on PhysicsWallah with a Buy rating, calling the ed-tech firm ‘a class apart’ and highlighting strong gro...
FIFA World Cup 2026 Betting Guide: Odds, favorites, key players, underdogs and is it legal?FIFA World Cup Betting Legal? The FIFA World Cup 2026 expands to 48 teams, offering unprecedented betting opportunities across the US, Cana...
Powerball jackpot surges to $238 million for June 10 drawing - Here's what the winner could actually pocket on Wednesday nightThe Powerball jackpot has surged to an estimated $238 million for the June 10 drawing after no winner was declared in Monday night's game. ...
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...
Powerball winning numbers for June 8 revealed - Check who won the $225 million jackpot on Monday nightThe $225 million jackpot comes with two payout choices. Winners may opt for the full annuity value, paid in increasing annual installments ...
US gamers getting older as industry reports growthAmerican video game players are aging, with the average now 37. The industry is seeing a comeback, reaching pre-pandemic activity levels. T...
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...
Maximum 39% marginal rate of income tax applicable for these individuals in Tax Year 2026-2027Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...
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...
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...
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 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 ...
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...