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Tag: GST on gaming section

GST in Media

GST clarity on gaming, cement likely at Council meeting in June

byAdmin09/05/202309/05/2023

The much-awaited clarity on online gaming tax rates is expected at the next meeting of the GST Council, which is…

GST in Media

Online gaming to attract investment once tax policy is finalised : FM

byAdmin04/05/202304/05/2023

Finance Minister on Tuesday said the GST Council is deliberating on taxation policy for online gaming and exuded confidence that…

GST in Media

GST Council meet: Tax on online gaming activities unlikely to be discussed

byAdmin09/02/202309/02/2023

The Goods and Services Tax (GST) Council is unlikely to take up the group of ministers (GoM) report on taxing…

Budget 2023

Budget 2023: Gaming industry welcomes TDS change, awaits clarity on GST

byAdmin06/02/202306/02/2023

In the Budget 2023, Finance Minister Nirmala Sitharaman announced a 30 per cent tax on the “net winnings” from online…

Budget 2023

Budget 2023: Online Gaming Industry seeks lower GST, clarity on regulation

byAdmin27/01/202327/01/2023

The Union Budget 2023-24 is set to be presented by Finance Minister Nirmala Sitharaman on February 1. The online gaming…

GST in Media

Online gaming, where winning depends on certain outcome, to attract 28% GST: CBIC

byAdmin20/12/202220/12/2022

The Central Board of Indirect Taxes and Customs (CBIC) chief Vivek Johri on Monday said that the department’s view is…

GST in Media

GST Evasion of Rs 23,000 Cr by Gaming Companies during April 2019-November 2022 Being Investigated

byAdmin12/12/202212/12/2022

GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022 is being investigated by…

GST in Media

GoM on GST levy on casinos, online gaming to submit report next week

byAdmin26/11/202227/11/2022

The state finance ministers’ panel for GST levy on casinos, online gaming and horse racing will submit its report to…

GST in Media

Define game of chance, game of skill to decide on taxation: GST law panel

byAdmin02/11/202202/11/2022

The Law Committee under the Goods and Services Tax (GST) Council thinks that a clear definition and classification of the…

GST in Media

GoM on online gaming, casinos: No consensus yet on 28% GST on gross revenue

byAdmin14/08/202214/08/2022

An empowered group of ministers (GoM) tasked by the Goods and Services Tax (GST) Council to look into taxation of…

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