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

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.

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

The notices, issued by GST authorities, were based on retrospective tax claims levied on the full face value of bets placed on gaming platforms from August 2017 to October 2023.

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

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 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 ...

The Supreme Court on Friday stayed show cause notices worth over ₹1 lakh crore issued by GST authorities to online gaming ...

The Rajya Sabha, in December 2023, was informed that online gaming companies were served 71 show-cause notices related to GST ...