RMG companies evolve new strategy to reduce 28% GST impact
Online gaming companies, specializing in platforms like poker, rummy, and fantasy sports, are implementing strategies amidst the evolving landscape of taxation.…
Tag: 28% gst
GST notices to gaming firms unaffected by FM’s clarification
Finance minister Nirmala Sitharaman’s clarification in the Lok Sabha that the 28% GST on entry-level bets in online gaming applies prospectively,…
Karnataka IT Min Priyank Kharge on online gaming industry and 28% GST
Karnataka’s IT Minister Priyank Kharge recently appeared at a conclave, wherein online gaming’s concern related to 28% GST were discussed.…
28% GST: EGF & A23 petition challenging CGST 2017 provisions to be heard tomorrow by CJI bench
The writ petition by Industry Association E-Gaming Federation (EGF) and money gaming platform A23 before the Supreme Court challenging the provisions…
Online money gaming firms face massive Rs 45,000 crore tax demand after 28% GST levy
Online money gaming firms, previously positioning themselves as offering skill-based games, face potential additional tax dues of around Rs. 45,000…
Gaming companies should challenge the GST Council’s decision
The difference of opinion has been reported between the Ministry of Electronics and Information Technology (MeitY) and the Ministry of…
Extra cost, tight timeline concern gaming firms as they brace for changes in GST
Skill gaming industry is concerned about additional cost burden as well tight timeline for the implementation of the new goods…
28% GST on horse race betting a great disappointment: TAI
The GST Council’s recent decision to impose 28 per cent tax on the full face value of bets placed in…
Auto component industry demands uniform GST on all products
The Auto component industry has urged the government to levy a uniform 18 per cent GST on all the auto…