- 08 Dec 2023 05:24 PM
- New
Data recap: MLA profiles, bullish markets, forex
Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. More than 37% of the MLAs elected in the recently concluded assembly elections in five states face at least one criminal case against them, and nearly 45% have assets worth ₹5 crore or more. Stock markets have seen a remarkable rally this week with investors gaining over ₹11 trillion in just four trading sessions in December.
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- 08 Dec 2023 05:31 PM
- New
SOP for verification of Inadmissible ITC of IGST reversal in GSTR 3B
Standard Operating Procedures for Monitoring Ineligible IGST Input Tax Credit Reversal by Taxpayers in Return Form GSTR 3B (SOP-1/2023)
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- 07 Dec 2023 05:56 PM
- New
Confident that GST issues will be resolved soon, says E-Gaming Federation chief
The E-Gaming Federation (EGF), a self-regulatory body for the online gaming industry, is confident that issues around the recent GST changes which increased companies’ tax burden will be resolved soon.
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- 07 Dec 2023 05:59 PM
eGaming players remain bullish despite GST issues, demand more clarity on regulations
Online gaming companies have received 71 show-cause notices relating to Goods and Services Tax (GST) in FY23 and FY24 up to October, Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday, December 5. The update from the minister has received mixed responses from the eGaming sector.
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- 07 Dec 2023 06:02 PM
Indian robotics is shackled by high duties. The government must free it
The government of India recently released a draft of the National Strategy on Robotics. Robotics has been receiving a lot of attention lately as one of the27 focus sectors under the Make In India 2.0 initiative. Here you can hear the union minister of electronics and information technology talk about the potential of AI and robotics in India.
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- 07 Dec 2023 06:08 PM
Dream11 withdraws plea challenging Rs1,200 cr tax notice
MUMBAI : Online fantasy sports company Dream11 on Wednesday withdrew from the Bombay High Court its petition challenging notices related to alleged tax evasion amounting to Rs1,200 crore.
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- 07 Dec 2023 06:05 PM
Dream11 parent prepares war chest as it pivots M&A strategy
Sporta Techologies Pvt Ltd, which operates the sports platforms Dream Sports and Dream11, will fund potential acquisitions of $50 million to $100 million through internal accruals and could raise equity as well, cofounder Harsh Jain said in an interview.
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- 06 Dec 2023 06:32 PM
Over 70 GST notices issued to online gaming firms, ₹1.1 tn due
New Delhi: Online gaming companies have been issued 71 show cause notices relating to Goods and Services Tax (GST) in FY23 and in the current financial year up to October, minister of state for finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday.
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- 06 Dec 2023 06:28 PM
Aditya Birla Sun Life Insurance unveils Salaried Term Plan; details here
Aditya Birla Sun Life Insurance Company Limited (ABSLI), the life insurance arm of Aditya Birla Capital, has introduced the “ABSLI Salaried Term Plan". This tailored and cost-effective protection solution is specifically designed for salaried professionals. The plan, categorised as non-linked, non-participating, life individual, pure risk, and a premium plan, empowers salaried individuals to customise their protection plans based on their unique needs.
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- 05 Dec 2023 05:31 PM
Real money gaming firms risk huge revenue loss by FY28 on GST levy: Report
New Delhi: India's online gaming market is expected to grow to ₹33,243 crore by FY28, but the real money gaming (RMG) segment will be under pressure in the wake of the 28% GST levy on the industry, according to a new report.
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