Tax solution

🚨 Major GST Verdict by Supreme Court 🚨

The Hon’ble Supreme Court has upheld 28% GST on Online Gaming, Fantasy Sports & Casino Platforms involving monetary stakes.

This landmark ruling is expected to significantly impact the online gaming industry and ongoing GST litigations across India.

📌 Key Highlights: ✔ GST applicable on full entry/bet amount
✔ Skill vs Chance argument rejected where money is staked
✔ Gaming companies may face huge tax exposure
✔ Important precedent under GST law

Businesses in the gaming sector should proactively review their GST compliance and litigation strategy.

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Ankit Dwivedi and Associates

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Arbitration Agreement: A smarter way to resolve disputes without lengthy court battles. ⚖️
Ensure your contracts include a strong arbitration clause to save time, cost, and protect your interests.
— Ankit Dwivedi and Associates

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Interfaith marriage laws continue to evolve in India. ⚖️
The Madhya Pradesh High Court recently held that a marriage between a Muslim man and a Hindu woman is invalid under Muslim Personal Law, raising important legal questions.
However, it is crucial to note that interfaith marriages are legally valid under the Special Marriage Act, 1954.
🔍 This judgment highlights the ongoing conflict between personal laws and statutory rights.
📢 Legal awareness is key before taking any step.
— Ankit Dwivedi and Associates