By Vidushpat Singhania India's online gaming industry has emerged as a significant player in the digital economy, showcasing ...

In July 2023, during its 50th meeting, the GST Council moved online games—both skill-based and chance-based—into the 28 per cent GST slab. This new tax rate, effective from October 1, 2023, replaced ...

The Supreme Court on Friday stayed show-cause notices for goods and services tax on online gaming companies worth Rs 1.12 lakh crore. It has scheduled the next hearing on the matter for March 18 and ...

The stay aims to prevent expiration of notices and address concerns from both gaming companies and the revenue department.

Supreme Court stays ₹1.12 lakh crore GST showcause notices on online gaming companies, clarifying tax applicability on e-gaming.

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Supreme Court has halted proceedings related to show cause notices issued by the central GST body to online gaming companies.

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 ...

The Supreme Court of India on Friday stayed show cause notices to over 50 online gaming companies, amounting to Rs 1.12 lakh ...

The Supreme Court halts GST notices to online gaming firms, sparking stock surges for Delta Corp and Nazara Tech. Discover ...

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 ...