SC stays GST action against e-gaming companies

NEW DELHI: The Supreme Court on Friday stayed Goods and Services Tax (GST) proceedings against 49 online gaming companies over retrospective demand notices issued to them, a decision that pushed up the share price of some of the listed entities. A bench of Justices J B Pardiwala and R Mahadevan passed the interim order, while posting the matter for further hearing to March 18. Market players saw t…