New Delhi: CBIC chairman Sanjay Kumar Agarwal on Wednesday said the growth in October GST collections, which is the second highest ever, is on account of economic activity and not due to show cause notices to online gaming companies.Goods and Services Tax (GST) revenue in October grew 13.4% to over Rs 1.7 lakh crore.GST collection in October is the second highest ever since roll-out on July 1, 2017.In April, the mop-up was highest at Rs 1.87 lakh crore."The growth in October GST collections was riding on economic activity...
The Finance Ministry has notified norms for registration by global online gaming platforms providing services in India to provide a level playing field....
Online money gaming firms, previously positioning themselves as offering skill-based games, face potential additional tax dues of around Rs 45,000 crore, according to...