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NCLT rules sale under Revenue Recovery Act invalid during IBC moratorium

NCLT rules sale under Revenue Recovery Act invalid during IBC moratorium
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Delhi , India , Hyderabad , Andhra-pradesh , S-badri-narayanan , Andhra-pradesh-vizianagaram , Linkedin , National-company-law-tribunal , Facebook , Twitter , Supreme-court , Indian-overseas-bank

cancer survivor: SC refuses to grant stay on tax notices to egaming companies

The notices raised a demand of GST on the ‘buy in amount for each game and proceeds on the hypothesis that the staking of money in online games (whether of skill or chance) amounts to betting and gambling and that the ‘buy in constitutes as a transfer of goods as actionable claims, according to petitions challenging the notices.

Karnataka , India , Lucknow , Uttar-pradesh , Kozhikode , Kerala , Harish-salve , Charanya-lakshikumaran , Justice-dy-chandrachud , Badri-narayanan , Programme-in-fintech , Services-tax

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 mandatory for overseas online gaming companies to register in India from October 1.

India , Karnataka , Justice-dy-chandrachud , Harish-salve , Badri-narayanan , Supreme-court-on , Karnataka-high-court , Supreme-court , Directorate-general , E-gaming-federation , Digital-works , Play-games

Gujarat: Pre-Vibrant Summit Exporters' Conference in Ahmedabad on December 5 set to ignite growth

Gujarat: Pre-Vibrant Summit Exporters' Conference in Ahmedabad on December 5 set to ignite growth
bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.

Ahmedabad , Gujarat , India , Kulin-lalbhai , Sanjeet-singh , Darshan-shah , Piruz-khambatta , Zarir-langrana , Jagdishbhai-panchal , Bhupendra-patel , Balvantsinh-rajput , Virendra-singh

GST on online gaming, horse racing, casinos to be applicable from Oct 1, 2023

The Revenue Secretary says GST notices to online gaming companies are not retrospective in nature

Delhi , India , Chhattisgarh , Sanjay-malhotra , Nirmala-sitharaman , Kishore-kumar , L-badri-narayanan , Service-tax-tribunal , Supreme-court , High-court , Secretary-sanjay-malhotra , Minister-nirmala-sitharaman

Amendment in SGST done even after Oct 1 for 28% GST on e-money gaming, casinos, horse racing to be effective from Oct 1

Amendment in SGST done even after Oct 1 for 28% GST on e-money gaming, casinos, horse racing to be effective from Oct 1
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Delhi , India , Chhattisgarh-deputy , Sanjay-malhotra , Singh-deo , L-badri-narayanan , Facebook , Centre-on , Twitter , Linkedin , Goods-services-tax , State-goods

SGST tweak to be made for 28% levy on casinos, online gaming will be deemed effective from Oct 1

SGST tweak to be made for 28% levy on casinos, online gaming will be deemed effective from Oct 1
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Delhi , India , Chhattisgarh-deputy , L-badri-narayanan , Sanjay-malhotra , Singh-deo , Linkedin , Goods-services-tax , Twitter , Facebook , Centre-on , State-goods

Online Gaming GST Explained: Here's What Gamers Need To Know About New Rules

Online Gaming GST Rate: Tax will be levied at the entry level in case of online gaming and casinos.

Tamil-nadu , India , Karnataka , Delhi , Chhattisgarh , Uttar-pradesh , Sanjay-malhotra , Sudipta-bhattacharjee , Nirmala-sitharaman , L-badri-narayanan , Supreme-court , Information-technology

GST Council to clarify on levy of tax on online gaming, definition

Council to meet on August 2 to approve legal amendments, draft rules

Malay-kumar-shukla , Nirmala-sitharaman , L-badri-narayanan , Information-technology , Services-tax-council , Ministry-of-electronics , Union-finance-minister-nirmala-sitharaman , Badri-narayanan , Executive-partner , Sridharan-attorneys , Kumar-shukla , E-gaming-federation

Lakshmikumaran & Sridharan strengthen their Corporate and M&A practice .

Lakshmikumaran & Sridharan strengthen their Corporate and M&A practice .

Mumbai , Maharashtra , India , New-delhi , Delhi , Bangalore , Karnataka , L-badri-narayanan , Cyril-amarchand-mangaldas , Desai-diwanji , Lakshmikumaran-sridharan , Srabonee-roy