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Mayank

28% GST on full face value will break the back of online gaming industry: Bihar IT Minister

After Delhi Finance Minister Atishi Marlena Singh, Information Technology Minister of Bihar, Israil Mansuri, has also expressed his concerns today over 28% GST rate...

SOCH organises awareness program for youth on online gaming in Uttar Pradesh

Noida-based NGO, Social Organization for Creating Humanity (SOCH) recently organised an awareness program at City Heart Academy School and Star Coaching Center Kasba Dadri. The...

Quizy to shut down as 28% GST on online gaming claims first casualty

The GST Council's decision to levy 28% tax on online gaming has claimed its first casualty with online real money gaming platform Quizy announcing...

Delhi FM Atishi promises to ask GST Council to reconsider 28% tax on online gaming in today’s meet

Delhi Finance Minister and GST Council member Atishi Marlena Singh has voiced her support for the online real money gaming companies after they claimed...

Madras HC adjourns hearing in online gaming ban case to August 7

The Madras High Court has adjourned the hearing involving petitions filed by online gaming companies against online rummy ban to August 7 after Senior...

Tamil Nadu IT minister opens up on GoM suggestion for 28% GST rate

Tamil Nadu IT Minister and ex-member of GoM, Palanivel Thiagarajan, recently talked about why the GoM recommended 28 per cent GST at full face...

Home Ministry suggests lottery prize disbursement through formal banking channels

To prevent tax evasion and money laundering, the Ministry of Home Affairs on Monday suggested that lottery winnings be distributed through formal banking channels. In...

MoS Finance Pankaj Chaudhary answers questions in Parliament on 28% GST on online gaming

Congress MP Manish Tewari questioned Minister of State for Finance Pankaj Chaudhary in the Lok Sabha on Monday over 28% GST on online gaming,...

Online Gaming Content, Online ads to fall under Ministry of Information and Broadcasting

Another change has occurred in the ongoing shift in the online gaming industry, with centre assigning content providers for online gaming services and online...

Maharashtra: Indian Gamers’ United oppose 28% GST on full face value

Several gamers from different cities in Maharashtra have come together to form ‘Indian Gamers United’, opposing the recent changes in GST for online gaming....

Delta Corp defers IPO plans of its online gaming division amidst GST uncertainty

Gaming and hospitality company Delta Corp Ltd has halted its plan to take its online gaming division public due to the uncertainties concerning the...

Yudiz Solutions IPO to open on August 4 on NSE Emerge

The IPO for blockchain, AI, and game development firm Yudiz Solutions Ltd will open on August 4, 2023 as per director Suraj Chokhani, who...

DGGI hands two more show-cause notices worth Rs 3000 crore for alleged tax evasion

Two more online gaming companies has been handed show-cause notices by the Directorate General of Goods and Services Tax Intelligence (DGGI) for alleged tax...

LPL ropes in several illegal betting websites as sponsors for fourth season

Despite online gambling being illegal in Sri Lanka, the latest iteration of Lanka Premier League have featured several illegal betting websites as some of...

Difference of opinion arises between large and small online gaming firms on GST levy method

Online gaming firms, which had unitedly opposed the proposal of 28% GST on full face value, now seem to be in a divide with...

AIGF writes to Revenue Secy Sanjay Malhotra requesting reconsideration of 28% GST on online gaming

After online gaming firms and investors, the All India Gaming Federation (AIGF) has written to the Centre, addressing a letter to Revenue Secretary Sanjay...