After 28% GST, what’s the scene like in the offices of fantasy gaming offices?
Dream11, Crikpe and all others
President_Trump
Stealth
a year ago
More layoffs coming....
DarkerKnight
Stealth
a year ago
I think govt. won't back out from this policy. As a result, companies would have to think to build margins after accounting for this change. Sadly layoffs would be their choice of action as well. As pivoting business this huge is difficult. Layoffs are easy.
MrWane
Stealth
a year ago
Lode lagenge
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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