fema

Betfair stops accepting players from India

Leading international betting exchange Betfair has stopped accepting players from India effective 28th January, 2019. In an email sent to…

Summary of webinar on taxation and fema related aspects of gaming winnings

iPleaders in association with Pokerguru.in and GLaws.in has published a summary of the webinar with Sunil Agarwal, Senior Tax Partner at…

Webinar to discuss taxation and fema related aspects of gaming activities on 13th September

To clarify various queries on under the new Black Money law and general doubts on compliances under the Foreign Exchange…

Non-disclosure of offshore online gaming winnings channeled through e-wallets falls foul of new anti-black money law says government

The Central Board of Direct Taxes (CBDT) in a circular dated 3rd September, 2015 (Circular 15/2015) clarified that winnings from…

Currency of the year Bitcoin gains popularity for online gaming transactions, will the Indian government regulate or prohibit Bitcoin transactions?

Virtual Peer-to-Peer currency Bitcoin generated a great deal of media attention this week as the value of the virtual currency…