UP passes bill implementing 28% GST for online gaming, casinos and horse racing
Uttar Pradesh (UP) state assembly on Wednesday, November 29 passed the bill imposing 28% GST on full face value for online gaming…
Tag: online gaming
After online gaming firms, GST authorities set sights on casinos
ax authorities are closely looking into transactions of casinos to examine evasion of goods and services tax (GST) in the…
GST – A New Landscape on Online Gaming, Casinos, Horse Racing w.e.f. October 1, 2023
GST Council recommended certain amendments in the CGST Act 2017 and the IGST Act 2017, including amendment in Schedule III of CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.
Online poker platform Spartan Poker lays off 125 people after 28% GST blow
Online poker platform Spartan Poker has let go 125 people, or 40 percent of its workforce, people familiar with the…
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…
TN Finance Minister expresses concern over proposed amendments to GST Act for levy on online gaming
Tamil Nadu Finance Minister Thangam Thennarasu on Wednesday expressed concern over draft proposals to amend the Goods and Services Tax…
28% GST on gaming industry will impact start ups in India
Karnataka’s minister for Information Technology and Biotechnology (IT & BT) Priyank Kharge said that the 28 % tax slab on…
GST mechanism for online gaming, casinos & horse racing to dominate the proceedings
The GST Council, in its meeting on Tuesday, will take up a host of issues starting from evolving a consensus…
Gameskraft case; Post-probe move against online gaming companies by GST Authorities in doldrums
Dark clouds loom over the post-probe move against online gaming companies by GST Authorities after a ruling by Karnataka High…