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Image for representation only | Photo Credit: PTI The Supreme Court on Friday (January 10, 2025) stayed showcause notices issued by GST authorities worth over ₹1 lakh crore to online gaming companies and casinos over alleged tax evasion. A bench of Justices J.B. Pardiwala and R. Mahadevan said the matters required hearing and all proceedings…
Image for representation purpose only. | Photo Credit: Getty Images/iStockphoto The real money gaming industry — which runs games where users can stake money for winnings on apps — welcomed the Union Budget’s clarification on Tax Deducted at Source (TDS) for money won on their platforms. These platforms, referred to as “online gaming” by the…
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