Department Financial News

online gaming companies are in accordance with legal provisions, Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal said on Thursday, ruling out any immediate review. He said the government was ready to implement the 28% GST regime for online gaming, horse racing and casinos following the GST Council’s decision of last month as soon as all states amend their respective laws. The Council will take stock of the tax regime in six months, as decided at its last meeting on August 2, he said.

India and the US agreed to continue their cooperation in the areas of defence, space and clean energy as External Affairs Minister S Jaishankar met Secretary of State Antony Blinken here, amid a simmering diplomatic row between India and Canada over the killing of a Khalistani separatist. Jaishankar is currently on a five-day official trip to Washington DC. This is the highest-level interaction between the two countries after the recent G-20 Summit in New Delhi.

Tesla Inc. The lawsuit alleges that Tesla has allowed the persistent harassment of Black employees at its main assembly plant in Fremont, California. These allegations closely resemble cases brought forward by both the state and Tesla's own employees.

Jaishankar and Blinken affirmed hope for positive outcomes from the bilateral talks. 2.

He said the government was ready to implement the 28% GST regime for online gaming, horse racing and casinos following the GST Council's decision of last month as soon as all states amend their respective laws. The Council will take stock of the tax regime in six months, as decided at its last meeting on August 2, he said. «The department is taking a uniform stand in the interpretation of law and, accordingly, showcause notices are being issued,» Agarwal told reporters on the sidelines of a Ficci event, adding that all notices were based on internal data analysis. His comments came in the backdrop of many large online gaming companies — including Delta Corp and Dream11 — receiving tax demand notices running into thousands of crores. On August 16, ET first reported that the Directorate General of GST Intelligence (DGGI) would send notices to real money gaming (RMG) companies that had hitherto paid tax at a rate of 18% on gross gaming revenue, positioning themselves as platforms of 'games of skill.'

Uttar Pradesh has achieved a remarkable 100% Open Defecation Free (ODF) Plus status across 95,767 villages, as confirmed by an official announcement on September 28. In the second phase of the Swachh Bharat Mission (Gramin), the Uttar Pradesh Government reports that among these ODF Plus villages, 81,744 are classified as aspirational villages, demonstrating the implementation of effective solid waste management and liquid waste management systems. "In addition, 10,217 villages are ODF Plus rising villages with provision for both solid waste management and liquid waste management, and 3,806 villages are ODF Plus Model Villages," ANI quoted an official statement as stating.

NEW DELHI : The US has urged India to cooperate with Canada’s investigation into the killing of Hardeep Singh Nijjar, state department spokesperson Matthew Miller said before a meeting between foreign minister S. Jaishankar and his opposite number, secretary of state Anthony Blinken.

Billionaire investor Ray Dalio is watching closely the «risky» U.S. fiscal situation.

Biden, saying they intend to «provide accountability» as they make their case to the public, their colleagues and sceptics in the Senate. The chairmen of the Oversight, Judiciary, and Ways and Means committees are using the first hearing of their impeachment inquiry to review the constitutional and legal questions involved.

Into the Badlands" will be departing Netflix in November this year. Subscribers of the streaming giant in the US won't be able to watch the show any further. «Into the Badlands» has a total of 32 episodes across all seasons which were premiered between 2015 and 2019. Netflix US received the show in 2017 and final season part two premiered on November 1, 2019. After four years on November 1, 2023, «Into the Badlands» will be leaving from Netflix. The last day to watch the series will be October 31. Meanwhile, as Writers Guild of America (WGA) strikes have culminated, studios will prioritise production of successful shows like «House of the Dragon 3», «Stranger Things 5», 'Euphoria' and 'Wednesday'. For Netflix, top of mind is writing scripts for filming the second season of 'Wednesday' and the fifth and final season of «Stranger Things», wrapping up the fight of the high-school kids as the citizens of the small town of Hawkins fight off the nightmares from the Upside Down, as per a report. The coming flood of production will create a logistical nightmare for production executives and everyone else involved. For one, finding soundstage space and locations to shoot will be a challenge. Some studio executives predict a brutal competition for top talent, as per the report.

Logic might tell you that the people most likely to suffer workplace accidents are those who do the most dangerous jobs. A recent study, however, finds that isn’t the case.

(Reuters) -Chico's FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on Thursday, sending its shares surging 63% in premarket trading.

By David Shepardson

Delhi government has decided to extend its existing excise policy by six months due to the time needed for coming up with a new liquor trade regime, officials said on Thursday. The policy has been extended till March 31, 2024 following the requisite approvals from the Delhi government and the lieutenant governor, a senior officer said. A proposal of the excise department to extend the policy, implemented on September 1 last year, was sent for the LG's nod after it was cleared by the government.

Jaishankar on Thursday met US National Security Advisor Jake Sullivan and discussed the progress in bilateral relations between the two countries and ways to take it forward. Jaishankar, who arrived here from New York on Wednesday after addressing the 78th General Assembly session of the United Nations on Tuesday, will meet US Secretary of State Antony Blinken later in the day. «Began my Washington DC visit with a meeting with NSA @JakeSullivan46.

The U.S. West Coast produces over 90% of America’s wine, but it’s also prone to wildfires — a combustible combination that spelled disaster in 2020 for the industry and one that scientists are scrambling to neutralize

Travis King who crossed to North Korea from South Korea two months ago, has returned to the US. Confirming his arrival, an official with the US Department of Defense said that the private soldier landed in San Antonio early Thursday. In a statement issued Wednesday, Army spokesman Bryce Dubee said that Travis King could face future action from the Army, but for now, the focus is on his «well-being and privacy.»

Activists in Mississippi’s majority-Black capital city are trying to join a federal lawsuit against the city for violating standards for clean drinking water

The Biden administration is moving to make it easier for caregivers to take in family members in the foster care system, requiring states to provide them with the same financial support that any other foster home would receive

U.S. applications for unemployment benefits inched up modestly this week after reaching their lowest level in eight months the previous week, as the labor market continues to defy the Federal Reserve’s interest rate hikes meant to cool it

A group of Chinese immigrant workers is suing over forced labor and human trafficking claims that stem from an illegal marijuana growing operation in northwestern New Mexico