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You Searched For "online gaming gst" and got 20 results


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GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow

The Council is likely to be apprised about the ongoing drive against fake registration, the success…

PTI   


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2 mins read

Note floated to seek distinction between online game of skill, game of chance for FDI

Certain quarters raise objections as they relate online gaming with gambling and betting. There are…

PTI   


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GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states

Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…

ANI   


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GST notices worth Rs 1 lakh crore issued to online gaming firms

The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…

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Delta Corp shares tank 25%, Nazara Tech down 4% after GST hit on online gaming

Shares of Delta Corp fell as much as 25 % on Wednesday after the imposition of 28% GST on online ga…

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Online gaming industry says 28% GST makes operations unfeasible

The online gaming industry woke up expecting a bad day on Dalal Street after the 50th GST Council a…

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1 min read

28% GST on face value in casinos, online gaming, horse racing will increase revenue collection: FM

Finance minister Nirmala Sitharaman on Tuesday said the 28 per cent GST on full face value of suppl…

PTI   


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SC stays K'taka HC decision quashing Rs 21,000 cr GST notice to online gaming platform

The Supreme Court on Wednesday stayed the judgment rendered by the Karnataka High Court which had q…

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1 min read

Centre seeks to amend GST Act to levy 28% tax on online gaming, casinos

The central government on Friday will seek the introduction and passage of the Central Goods and Se…

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1 min read

Hike lays off around 55 people after GST hike on online gaming

Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people - m…

PTI   


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Ministers' panel may recommend 28% GST on online gaming with a revised calculation formula

Currently, online gaming attracts 18 per cent GST. The tax is levied on gross gaming revenue, w…

PTI   


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GST Council meet: decriminalisation, tax evasion in pan masala, gutkha biz on agenda

Besides, GST on online gaming and casinos may come up for deliberations at the Council meeting.…

PTI   


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4 mins read

India is betting on casinos, online games and horse races to fill its coffers

Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…

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1 min read

GST on casinos, lotteries, horse races deferred as Nirmala Sitharaman reconsiders

The GST Council on Wednesday deferred decision on levying a 28 per cent tax on casinos, online gami…

PTI   


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8 in 10 Indians want 28% or higher GST on casinos, online games and horse races

Six in ten Indians are in favour of keeping cryptocurrencies under the 28% or higher goods and serv…

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3 mins read

Experts say Karnataka’s ban on 'games of chance' may face a legal test

Karnataka Chief Minister Basavaraj Bommai reportedly said that the government will deal with gam…

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4 mins read

India's online gaming industry has the potential to generate $2 billion by 2023: EY-All India Gaming Federation report

Online real money game players are expected to grow from 80 million in 2020 to 150 million by 2023

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2 mins read

SIMPLY PUT: How will the GST council’s tax changes affect family budgets?

GST rates were being revised to rationalise tax on certain goods and services to correct a…

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28% GST on crypto transactions? India is reportedly mulling another tax levy next week

A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…

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Sensex, Nifty trade flat after starting in top gear; gaming stocks crash

The BSE Sensex and the NSE Nifty both started positively in early trade on Wednesday, but shortly a…