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The increasing number of job seekers reflects their concerns about the GST’s potential effects on their future. Experts from over half-a-dozen staffing firms told ET that this trend has become particularly pronounced in recent weeks.

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Endeavour chairman Peter Hearl has accused the hotels and liquor retailing group’s largest shareholder, billionaire businessman Bruce Mathieson, of unbalanced and inaccurate commentary on the company.

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ICICI Lombard General Insurance Company slipped over 1% as it received a show-cause cum demand notice from the government with a tax demand of Rs 1,728.86 crore on alleged non-payment of GST. The show cause notice was received by the company on Wednesday, the information on which was given by the company late night. «The alleged demand and the impugned Show Cause Cum Demand Notice pertains to non-payment of GST on the Co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance premium ceded to various Indian and Foreign reinsurance companies during the period July 2017 to March 2022,» the exchange filing said. The shares of ICICI Lombard were trading at Rs 1,284.95 on the NSE in the opening trade, down by Rs 18.65 or 1.43%. It had ended at Rs 1,303.60 on the NSE on Wednesday, down by Rs 9.70 or 0.74%. Recently, Indian casino operator Delta Corp plunged as much as 20% on Monday to their lowest since January 2021, after the company said that it received a notice to pay 111.40 billion rupees ($1.34 billion) in tax arrears. Delta Corp, which owns casinos as well as poker and rummy websites, added that the company and two of its units received intimations of an additional tax shortfall aggregating to 56.83 billion rupees for the period between July 2017 and March 2022. As per the filing to the exchanges, the alleged shortfall relates to Delta Corp and its two subsidiaries, Highstreet Cruises and Entertainment Pvt.

A fracture has emerged at the top of Endeavour Group after one director, Bruce Mathieson Jnr, backed Bill Wavish’s election to the board – a move opposed by the rest of the hotels and liquor retailing group’s board.

Former Myer chairman Bill Wavish is making a boardroom run at Endeavour as an independent non-executive director with the support of the hotel and liquor chain group’s biggest shareholder, Bruce Mathieson.

GST Intelligence (DGGI) has sent out a dozen pre-show cause notices to online real money gaming (RMG) companies over goods and services tax dues of about Rs 55,000 crore, said people with knowledge of the matter. These include a GST notice of about Rs 25,000 crore to fantasy platform Dream 11, possibly the largest indirect tax notice ever served in the country, they said. With more notices expected in the coming weeks, the total GST demand raised by the DGGI from RMG companies across the country might touch Rs 1 lakh crore, said industry executives.

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online gaming company Gameskraft, which is staring at a potential Rs 21,000 crore goods and services tax (GST) payout, will phase out its super app Gamezy, the company said in a statement. Gameskraft offers various real money and casual games including ludo and card games.

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

The government says it will convene a meeting with the state, territory and federal MPs responsible for online gambling before the end of the year, as it moves to ban the use of credit cards for online wagering.