QuirkyJellybean
QuirkyJellybean

Dream11 - 40k Cr Tax notice

What will happen now?

17mo ago
DerpyQuokka
DerpyQuokka

They will open a new Mega Cash Contest: Entry Fee : Rs1,00,000 Prizepool : Rs 40K CR worth of Gratitude

BouncyCupcake
BouncyCupcake

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.

SqueakyPickle
SqueakyPickle
Google17mo

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

WobblyPancake
WobblyPancake
Dukaan17mo

GST department raised 40K Cr.🔥

MagicalQuokka
MagicalQuokka

Death knell.

Discover more
Curated from across
News Discussion
by PeppyNarwhalSwiggy

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 s...

Top comments
user

Should Target Astrology startups as well those are just as dumb-predatory-addicive as online gambling

user

Elections aren't cheap boys

user

This government is hungry AF to collect more and more taxes. Don’t want to give any benefits in return instead boast ...

Personal Finance
by ZestyQuokkaConsultant

Received ITR with outstanding demand

Finally processed my ITR after multiple follow ups, and they have shared difference amount Let's say Tax I calculated was Rs X Tax Govt calculated Rs Y I agree with Y, and Y minus X = Rs 2660. No problem paying that

But, the demand says...

Indian Startups
by GroovyPotatoProduct Manager

Thoughts on 28% GST for online gaming?

Folks at Dream 11, Games24×7, Junglee, etc how's the environment in the office? Have there been any updates from the leadership regarding the direction they'd be taking? As of now, here at Gameskraft it's an elephant in the room with ev...

Top comments
user

I’m from a esports gaming company. Spoke to my CEO regarding this today morning. This move is completely short ...

user

@StrawhatSasuke what are you smoking I want some. Moving your business to Dubai changes nothing. You think Nestl...