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DGGI told the Supreme Court that the amount of bets made by the players on online gaming platforms is subject to highest tax slab applicable to speculative activities
Additional solicitor general N Venkataraman appearing for DGGI said that games like rummy fall under gambling, and their speculative outcomes calls for taxation
SC is hearing a batch of petitions associated with 71 show cause notices issued to online gaming companies for alleged evasion of GST amounting to INR 1.12…
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DGGI told the Supreme Court that the amount of bets made by the players on online gaming platforms is subject to highest tax slab applicable to speculative activities
Additional solicitor general N Venkataraman appearing for DGGI said that games like rummy fall under gambling, and their speculative outcomes calls for taxation
SC is hearing a batch of petitions associated with 71 show cause notices issued to online gaming companies for alleged evasion of GST amounting to INR 1.12…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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