The Union Budget presented by Finance Minister Arun Jaitley yesterday was expected to simplify the direct taxation system and reduce income tax in a big way....
Contrary to expectations and the first set of recommendations given by the Easwar committee, Union Finance Minister Arun Jaitley maintained status quo on the taxes from gaming...
In a surprise move coming in the middle of election season, Income Tax officials raided casinos and other properties of two biggest gaming companies, Delta Corp...
Despite the earlier post giving various provisions on taxes on gambling winnings, we have been receiving hundreds of queries seeking clarifications on the amount of tax...
Major Goa casinos have recently changed their in-house policy on tournament winnings and will now deduct a 30% Tax Deducted at Source (TDS) on tournament winnings...
