Indian online gaming companies' shares fall on 28% tax blow

  • 📰 Reuters
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Shares of Indian online gaming firms Nazara Technologies , Onmobile Global , and Delta Corp slid on Wednesday, a day after the government imposed a 28% tax on the funds collected by online gaming companies from customers.

Some industry representatives said the tax would eat into earnings despite Finance Minister Nirmala Sitharaman saying the decision was taken after consultation with states and had no intent to hurt the industry.on Wednesday that the tax will apply only to the skill-based real money gaming segment of its business, which they say contributed 5.2% to consolidated revenue in fiscal year 2023.

Nazara and Delta have risen 21.6% and 15.9%, respectively, so far this year as of Tuesday's close, while Onmobile has fallen 11.9%.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 2. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Indian shares open higher ahead of inflation data, earningsIndian shares opened higher on Wednesday, tracking Asian peers, with investors eyeing both domestic and U.S. inflation data for June as the quarterly results season kicks off.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »