On-line Gaming & On line casino tops GST evasion circumstances, DGGI information reveals

On-line Gaming & Casinos emerged on the prime when it comes to detection of GST evasion throughout Fiscal Yr 2023-24, annual information compiled by the Directorate Common of GST Intelligence (DGGI) confirmed. This sector alone accounted for greater than 40 per cent of the quantity concerned in GST evasion detection DGGI detected over 6,074 circumstances … Read more

On-line Gaming: Valuation guidelines to exclude winnings are potential, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday reiterated that the valuation guidelines for levying 28 per cent GST on entry-level bets on on-line gaming platforms are efficient prospectively. “A clarification on that levy was issued and in keeping with that 28 per cent is the tax. Whom it’s going to apply to and on whom will … Read more