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Tag: Delta Corp

Tax Slap On Delta Corp Wipes Out 700 Crore From Its Market Cap Delta Corp

19 Jun, 2024 Delta Corp Shares Surge 11.34% Amid Tax Relief Speculation

The online gaming industry has been advocating for taxes to be calculated on Gross Gaming Revenue (GGR) rather than the full face value of the deposit made. Delta Corp shares soared after a news report suggested the GST Council might amend the CGST Act to eliminate retrospective tax dem...

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Mahadev Scam: Accused Firm Had Ties With Delta Corp Delta Corp

08 May, 2024 Mahadev App Scam: Accused Firm Had Ties With Delta Corp 

The Enforcement Directorate’s (ED) investigation into the Mahadev illegal betting app scam has discovered a significant detail. According to court documents reviewed by ET, one of the accused firms, Ability Games Ltd., was reportedly engaged in a share purchase agreement with Delt...

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Forca Goa Foundation And Delta Corp Collaborate For Community Sports Delta Corp

14 Dec, 2023 Forca Goa Foundation And Delta Corp Collaborate For Community Sports

Delta Corp CSR continues its longstanding association with the Forca Goa Foundation, dedicated to fostering community engagement and enhancing sporting infrastructure in Goa. Today marks a significant milestone as the Forca Goa Foundation, in collaboration with Delta Corp, inaugurates i...

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RMG Brands Slapped With GST Evasion Notices Delta Corp

26 Sep, 2023 RMG Brands Slapped With GST Evasion Notices

The Directorate General of GST Intelligence (DGCI) has reportedly sent notices to online real money gaming (RMG) companies for alleged evasion of the goods and services tax (GST). As per media reports, about 80 online gaming companies have been issued tax notices for alleged GST evasion...

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Tax Slap On Delta Corp Wipes Out 700 Crore From Its Market Cap Delta Corp

25 Sep, 2023 Tax Slap On Delta Corp Wipes Out ₹700 Crore From Its Market Cap

Monday morning brought bad news for Delta Corp, as the company’s shares hit a low and were reportedly quoted at ₹149.10. The share slipped by 15% from its previous close. At the time of writing this article, the stock was priced at ₹144.85.  This drop in Delta Corp’s share price comes a...

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GST Uncertainty Forces Delta Corp To Keep IPO Plans On Hold  Delta Corp

03 Aug, 2023 Delta Corp Stock Prices Fall After FM’s 28% GST Decision

After the GST Council announced the 28% GST on the face value of deposits in online gaming yesterday, the stocks of Delta Corp tanked by 8% when the market opened this morning.  It recorded an opening price of ₹189 at 9.30 PM, after closing at ₹196.50 yesterday at 3.30 PM. Finance Minis...

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GST Uncertainty Forces Delta Corp To Keep IPO Plans On Hold  Delta Corp

01 Aug, 2023 GST Uncertainty Forces Delta Corp To Keep IPO Plans On Hold 

Delta Corp Ltd, one of the biggest names in the gaming and hospitality industry, is said to have decided to halt the plans of taking their online gaming division public. This decision to halt the IPO process is said to have been caused due to the uncertainties concerning the GST levy me...

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BREAKING: DGGI Accuses Casinos In Goa And Sikkim Of 10,000 Crore Tax Avoidance, Delta Corp Under The Scanner Delta Corp

21 Jul, 2023 BREAKING: DGGI Accuses Casinos In Goa And Sikkim Of 10,000 Crore Tax Avoidance, Delta Corp Under The Scanner

There has been a lot of unrest in the Indian gaming industry after the Goods and Service Tax (GST) levied a 28% tax on the full value of online gaming, horse racing and casinos. The new tax law will be applicable to games of skill and chance. Currently, India has just two gaming compani...

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Delta Corp Share Price Nosedives After 28% GST Announcement Delta Corp

12 Jul, 2023 Delta Corp Share Price Nosedives After 28% GST Announcement

After the Goods and Service Tax (GST) Council yesterday declared a 28% GST on the full value of online gaming, horse racing and casinos, the stocks of Delta Corp. massively dipped this morning. 28% GST Effect Delta Corp’s closing price was recorded at ₹246.75 at the time of market...

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Delta Corp's 'Fields Of Dreams' Project Applauded By Virat Kohli Delta Corp

21 Feb, 2023 Delta Corp’s ‘Fields Of Dreams’ Project Applauded By Virat Kohli

Virat Kohli, Indian international cricketer, former captain of the national team, and co-owner of FC Goa, the renowned Indian Super League football club, voiced his support for Forca Goa Foundation (FGF) and Delta Corp’s ‘Fields of Dreams’ project on Friday. With the aim to kick-start I...

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