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DGGI has taken action against companies with offices in Cyprus, Mauritius, and the Cayman Islands that offer online gambling and betting, some of which are allegedly masquerading as platforms for fantasy games.

Tax pressure on offshore online gaming enterprises

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The Ministry of Finance has notified provident fund rate which comes into effect from 1st April 2023.

MOF notifies provident fund rate w.e.f. 1st April 23 to 30th June 23

Set-off and carry forward of Losses in Income Tax

A superintendent with the CGST department and two others were arrested in Surat, Gujarat, for allegedly extorting Rs 12 lakh from a shopkeeper, according to a police official.

GST Fake Raid: Surat GST official and two others held for extorting Rs.12 Lakh

NIC is happy to introduce eInvoice2 portal. It is second portal of NIC – IRP (National Informatics Centre – Invoice Registration Portal), this is in addition to the existing eInvoice1 portal

Release note on GST e-Invoice2 portal

RBI has undertaken a comprehensive review to make the registration process smoother and hassle-free.

RBI simplifies application process for registration of Core Investment Companies

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