India’s GST Council Upholds 28% Turnover Tax on Gambling as Revenues Surge Attention-grabbing, record-breaking, and controversial: India’s GST Council has upheld the much-debated 28% turnover tax on online gambling, casino, and horse race betting. Despite concerns from industry stakeholders, the decision reflects the government’s focus on maintaining high revenue collections. As India’s gambling sector grapples […]
Karnataka’s proactive stance against online gambling marks a pivotal moment in India’s approach to regulating digital betting. By advocating for comprehensive legislation and national collaboration, Karnataka aims to create a safer and more responsible online gambling environment. As the state embarks on this journey, its efforts may pave the way for a cohesive national strategy, […]
Awaiting Justice: The Supreme Court’s Pause on Tamil Nadu’s Online Gaming Legislation In a significant turn of events, India’s Supreme Court has adjourned the much-anticipated proceedings concerning the Tamil Nadu government’s appeal against the Madras High Court’s decision to annul the ban on online gaming. This delay, prompted by a request due to the absence […]
Unlocking Asia’s Gaming Potential: Where to Invest in 2024 As the Asian economy rebounds with vigor, the gaming sector stands out as a beacon of growth and opportunity. With an expected expansion of 5% in 2024, the continent’s markets are ripe for investment, particularly in the dynamic field of online gaming. Let’s delve into the […]
As per the information provided, it appears that the companies being investigated for tax evasion amounting to Rs 23,000 crore (US$2.81 million) are not registered under the Goods and Services Tax (GST) system. GST is a consumption-based tax levied on the supply of goods and services in India, and businesses with a certain threshold of […]
Two individuals from Mumbai have been arrested by the rural police in Pune, Maharashtra, for their alleged involvement in illegal betting on IPL matches. The suspects, Rajivan Singh and Maskinsingh Rajendrasingh Arora, were apprehended after a raid on a bungalow in Tungarli village based on a tip-off. During the raid, the police seized seven cell […]
Goa Boasts Ten Onshore and Six Offshore Casinos in Full Swing, Government’s Move to Conceal Casino Branding during G20 Meetings Raises Eyebrows. The G20 Meetings in Goa See Participation from Over 180 Representatives, Former Mayor Expresses Surprise at Government Covering Casino Branding With delegates from 19 member countries, ten invited states, and 22 international organizations […]