Asian stocks experienced an initial surge following positive US labor market data, mitigating concerns about the impact of trade tensions. South Korean stocks notably led the gains after the election of a new president. Despite warnings from the OECD regarding the global economic downturn caused by trade policies, US markets demonstrated resilience, driven by encouraging economic indicators.
DGGI set to fire up GST recovery drive against gaming firms after Supreme Court’s backing
The Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court upheld a 28% GST levy