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Impact of the GST hike on Delta Corp Ltd.

Created on 14 Jul 2023

Wraps up in 9 Min

Read by 128 people

Updated on 26 Jul 2023

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The gaming industry has taken an unforeseen turn! An unexpected statement regarding the 28% GST rate on gaming, stole the show at the 50th GST conference. In this article, we will dive into the consequences of this move and will also discover how this unexpected turn of events will impact the industry players, including one unfortunate company whose shares dropped significantly right after the news.

Yes, it was Delta Corp who witnessed a misfortune and tasted the bitterness of a 23% share crash!📉 The news of the GST increase has seemed to hit them like a punch in their belly.

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An Article By -

Sakshi Dhakre

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Sakshi is an adventurous spirit who enjoys both the intellectual stimulation of Finance and the sensory experiences of good food and nature’s beauty. She has a passion for delving into complex financial topics and distilling them down into easy-to-understand insights. When she's not poring over financial reports, you might find her exploring a new corner of the city, trying out new restaurants and cuisines or admiring the beauty of the night sky.

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