The online gaming industry’s key concern for the Union Budget 2025 is the 28% GST on first-time deposits by registered users, ...
By Vidushpat Singhania India's online gaming industry has emerged as a significant player in the digital economy, showcasing ...
Supreme Court has halted proceedings related to show cause notices issued by the central GST body to online gaming companies.
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When Prime Minister Narendra Modi dedicated an entire day to engaging with and understanding the challenges being faced by top gamers of the country, it underscored his vision and commitment to ...
The GST Council on October 1, 2023 imposed a 28% tax on the full face value of bets placed on online gaming platforms. (IE) A bench of Justices JB Pardiwala and R Mahadevan observed that the ...
Seven out of 10 industry stakeholders and company leaders believe that local themes, languages, and culturally resonant ...
The numbers tell their own story and drive home the stark crushing reality of the Indian online gaming industry. Ever since the hike in tax rate –from 18% (on service fee/Gross Gaming Revenue) to ...
NEW DELHI: In a major relief to online gaming companies, the Supreme Court (SC) on Friday put a stay on GST show-cause notices amounting to Rs 1.12 lakh crore against these companies. The court ...
The real-money gaming industry is hoping for a resolution of the retrospective taxation issues and lower GST rates to sustain ...
For the purpose of GST, ‘online money gaming’ refers to any game where players deposit money with the expectation of winning. An officer from the Directorate General of GST Intelligence (DGGI ...
The Supreme Court of India on Friday temporarily halted the GST show-cause notices issued to multiple online gaming companies. This decision provides temporary relief to the online gaming sector, ...