GST Council meet: Tax on online gaming activities unlikely to be discussed
The Goods and Services Tax (GST) Council is unlikely to take up the group of ministers (GoM) report on taxing…
Tag: GST on gaming section
Budget 2023: Gaming industry welcomes TDS change, awaits clarity on GST
In the Budget 2023, Finance Minister Nirmala Sitharaman announced a 30 per cent tax on the “net winnings” from online…
Budget 2023: Online Gaming Industry seeks lower GST, clarity on regulation
The Union Budget 2023-24 is set to be presented by Finance Minister Nirmala Sitharaman on February 1. The online gaming…
Online gaming, where winning depends on certain outcome, to attract 28% GST: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) chief Vivek Johri on Monday said that the department’s view is…
GST Evasion of Rs 23,000 Cr by Gaming Companies during April 2019-November 2022 Being Investigated
GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022 is being investigated by…
GoM on GST levy on casinos, online gaming to submit report next week
The state finance ministers’ panel for GST levy on casinos, online gaming and horse racing will submit its report to…
Define game of chance, game of skill to decide on taxation: GST law panel
The Law Committee under the Goods and Services Tax (GST) Council thinks that a clear definition and classification of the…
GoM on online gaming, casinos: No consensus yet on 28% GST on gross revenue
An empowered group of ministers (GoM) tasked by the Goods and Services Tax (GST) Council to look into taxation of…
Global investors of gaming companies mail FM for status quo on GST
Over a dozen global venture capital investors in Indian gaming startups have urged the government to retain the current Goods…
Group of Ministers agree to levy 28% GST on casino, race course and online gaming
The Group of Ministers (GoM) has agreed to recommend hiking the GST rate on casino, race course and online gaming…