Dream11 - 40k Cr Tax notice
What will happen now?
MorseHorse
Stealth
a year ago
They will open a new Mega Cash Contest:
Entry Fee : Rs1,00,000
Prizepool : Rs 40K CR worth of Gratitude
Borosil_Carrier
Stealth
a year ago
Most likely will pay off the politicians , officials and judges. Will be much less hassle.
Don’t forget elections are coming up next year and parties need money to buy off the winning candidates.
Dream11 posted a net profit of Rs 142 crore on operating revenue of Rs 3,841 crore in FY22
But just to contest these liability, 20% of demand has to be deposited
Looks like they are screwed. And all gaming cos
https://thearcweb.com/article/dream11-gst-evasion-notice-harsh-jain-fantasy-gaming-gameskraft-4LhnDXXSODwgxKoO
Nehru
Stealth
a year ago
https://www.instagram.com/reel/CxqetHySbXW/?igshid=MWZjMTM2ODFkZg==
Discover More
Curated from across
News Discussion on
by Thomas_Shelby
Swiggy
40,000Cr GST notice to Dream11
40,000Cr to Dream11 20000Cr to GamesKraft 16,000Cr to Deltacorp This will be a major blow to the online betting industry. All the top companies have taken a major hit. Will be interesting to see how they recover from it. Deltacorp shares already down 18% today!
Central Board of Indirect Taxes and Customs is likely to send show cause notices to over 40 skill-gaming companies for alleged tax evasion a...
https://www.moneycontrol.com/news/business/dream11-parent-approaches-bombay-high-court-challenging-gst-evasion-notice-11426751.html
