The online gaming industry’s key concern for the Union Budget 2025 is the 28% GST on first-time deposits by registered users, ...

Seven out of 10 industry stakeholders and company leaders believe that local themes, languages, and culturally resonant ...

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

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 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.

Breaking news headlines, stories and live updates on current affairs from across the globe. Complete coverage on the latest top stories, business, sports, entertainment, and world politics news ...

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

The dispute related to GST tax demand made by the revenue authorities over alleged tax avoidance by the online gaming companies to the tune of over ₹1.20 lakh crore on the basis of the 28 per cent GST ...

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 ...

For the purpose of GST, ‘online money gaming’ refers to any game where players deposit money with the expectation of winning.