Delta Corp shares rose after the Supreme Court agreed to hear the online gaming industry’s appeals on January 10 about GST-related issues. The industry is challenging notices from the Directorate General of GST Intelligence (DGGI), which have resulted in a huge tax demand of Rs. 1.12 lakh crore from 71 gaming companies. This news has given hope for a solution to the ongoing tax problems. The decision could have a big effect on the online gaming industry.
The Supreme Court of India today (13th Nov) ruled that demolishing properties of accused individuals is unlawful. In issuing guidelines, the Court emphasized the rule of law, separation of powers, and accountability. No demolition should occur without a proper notice and opportunity for appeal. Officials failing to follow these directives may face personal financial consequences.
