income tax

No change in TDS threshold for gaming in Budget 2017

The Union Budget presented by Finance Minister Arun Jaitley yesterday was expected to simplify the direct taxation system and reduce…

No 'achhe din' for gaming industry as FM fails to hike TDS threshold in Budget 2016

Contrary to expectations and the first set of recommendations given by the Easwar committee, Union Finance Minister Arun Jaitley maintained…

Easwar committee recommends increasing TDS limit for gaming winnings to Rs. 15,000

Exclusive A committee headed by Justice (retd.) RV Easwar has recommended increasing the threshold limit for Tax Deduction at Source on…

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…