DBTECH

To keep you updated, we send DeCrypt Weekly Update to your mailbox. In case, you wish to Unsubscribe Click Here DeCrypt Weekly Update Sat, Sep 30, 2023 | 11:01 AM IST Integrating cryptocurrency payments: A comprehensive guide for businesses

The gaming industry in India is facing tax woes as the GST department issued pre-show cause notices to several cash flow-rich firms in the sector. One of the notices, amounting to an estimated Rs 25,000 crore, was served to fantasy sports company Dream11, making it the largest indirect tax notice in India. This move has sparked legal disputes and challenges from the gaming companies, who argue that the tax demands are retrospective and unfair. The Supreme Court will conduct further hearings on the matter on October 10. Unwrapped Stay on top of the biggest stories shaping tech with our deep dives