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SC seeks response from taxman on ₹1L cr notices to e-gaming cos

The show-cause notices were issued after the government clarified that all online games involving betting and gambling, irrespective of skill or chance, will attract 28% GST on full-face value of the bets from October 1, 2023. The government believes some of these firms leveraged the lack of clarity on taxation of "game of chance" and "game of skill" before October 1 and there was a need to have a uniform 28% GST on the full value of bets placed on online gaming platforms.
Harish Salve Supreme Court Supreme Court On Services Tax Directorate General E Gaming Federation

SC refuses to grant stay on tax notices to E-gaming companies

The show cause notices were issued after the government clarified that online gaming, betting, and gambling will be levied 28% GST on the full face value from October 1. The government believes that some of these firms leveraged the lack of clarity on taxation of "game of chance" and "game of skill" before October 1 and there was a need to have a uniform 28% GST on the full value of bets placed on online gaming platforms. The government also amended the GST law making it mand...
Justice Dy Chandrachud Harish Salve Badri Narayanan Supreme Court On Karnataka High Court Supreme Court

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Lake Country Art Show heading to OPOMAC, accepting entries Friday

The Graham Art Guild will be accepting artwork this week for the Lake Country Art Show which will be on display at the Old Post Office Museum and Art Center at the end of July. According to the Graham Art Guild, the show has been held in Graham for over 50 years. The Lake Country Art Show will be on display at the OPOMAC from Wednesday, July 27 through Saturday, Sept. 10. The show is for paid-up members of local art clubs or guilds and will accept artwork from 9 a.m. to 4 p.m. Friday, July 22 an...
Terri Charest Art Center Graham Art Guild Old Post Office Museum Lake Country Art Show Wichita Falls

BBCNEWS Click June 4, 2024 01:43:00

Pips 0k, time for a look at this weeks tech news now. first up, mark zuckerberg has unveiled metas new vr headset at its annual event held for developers. with a price tag ofjust under $1500, is almost four times the price of metas current headset. the british artist damien hirst has begun burning hundreds of his own pictures as as part of an experiment to test the value of physical paintings versus digital works. buyers who bought pieces from his latest collection were asked to choose either th...
First Up Tech News Pips 0k Mark Zuckerberg Damien Hirst Burning Hundreds

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