As part of the the agreement, Delta Corp will its stake Carvel Entertainment Private Limited, a wholly owned subsidiary which owns 89.29 per cent of the share capital of Deltin Nepal Private Limited (DNPL). Get more Companies News and Business News on Zee Business.
The government, in October last year, imposed a 28 per cent tax on funds that online gaming companies collect from their customers for every bet. It had defended the move, citing concerns about addiction.
GNFC, GMR Airports Infra, Vodafone Idea, BHEL, Indus Towers, PNB, IRCTC, India Cements, NMDC, Piramal Enterprises, Sun TV, UPL and Chambal Fertilisers may enter the ban list as these stocks are near the 95 percent MWPL.
Delta Corp: Jain said post October 1, 2023, his company is supposed to pay 28 per cent GST, not on the GGR which it was paying but on the sale of chips which it is selling.