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Dream11's auditor SR Batliboi & Co, an affiliate of EY, said the notices issued to the company by GST authorities seeking more than Rs 28,000 crore in past tax dues “may cast significant doubt on the groups ability to continue as a going concern”.
Digital payments major Paytm on Friday said it has narrowed losses to Rs 222 crore for the quarter ended December, from Rs 392 crore a year ago and Rs 290 crore in the preceding quarter.
The Supreme Court on Monday sought the response of the Central government on a plea filed by online gaming companies challenging the levy of 28 percent Goods and Service Tax on all forms of online real-money gaming.
Zurich Airport has launched the first phase of its e-commerce transformation, known as ZRH Comfort, in collaboration with Omnevo.
Online gaming companies are likely looking at a tax demand of around INR 1 Lakh Cr to be raised by the DGGI.