By Vidushpat Singhania India's online gaming industry has emerged as a significant player in the digital economy, showcasing ...
GST on online gaming was a major point of discussion in the GST council, the debates on changes in the rate of tax and value of supply went on for over 2 years and the council finally made a ...
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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 ...
Head Digital Works managed to cut down other expenses during the year, including corporate social responsibility expenditures ...
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 decided that a uniform 28% tax would be levied on the full value of the bets placed in case of online gaming, without any differentiation between games of skill and chance Earlier ...
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 ...
The $3-billion Indian online gaming industry caught the eye of the world. But the 28 per cent GST on real-money gaming has brought its dream run to a screeching halt Mumbai-based Aarush Ahuja ...