spot_img

Tag: 28% GST on online gaming

GST council unlikely to reverse 28% tax on online gaming; Relief on retrospective tax claims under consideration

The GST Council is unlikely to reverse the 28% goods and services tax (GST) on the online gaming industry, despite concerns from industry stakeholders....

Govt to consider some relief for money gaming industry from retrospective GST claims

The government is likely to consider some form of relief to the money gaming industry from the retrospective tax claims according to an official,...

Online gaming industry grapples with 28% GST impact

Since the government introduced a 28% Goods and Services Tax (GST) on online gaming bets over six months ago, the industry has been facing...

Government official: No relief expected as GST revenue from online gaming surges five times

Online gaming companies are facing big money problems. They're getting surprise tax bills from the past, and they're worried about the new Goods and...

Online gaming industry to make fresh representation to the govt for GST reduction after polls

As the Indian online gaming industry continues to grow, stakeholders are gearing up to address a challenge post-general elections: the burden of Goods and...

GST authorities to block 60 offshore online gaming platforms to MeitY

The Goods and Services Tax (GST) authorities have advised the Information Technology Ministry to block 60 offshore online gaming platforms in an attempt to...

Online gaming tax review unlikely to be taken up by GST Council until SC clarity on retrospective dues

After the conclusion of the 51st GST Council meeting in August last year, all eyes were on the anticipated review of the 28% GST...

Review of 28% GST on online gaming postponed until after general elections

The review of the 28% Goods and Services Tax (GST) on online gaming has been deferred until after the conclusion of the general elections,...

RMG companies evolve new strategy to reduce 28% GST impact

Online gaming companies, specializing in platforms like poker, rummy, and fantasy sports, are implementing strategies amidst the evolving landscape of taxation. In response to...

Potential relief for online gaming industry as government mulls over GST demands

According to sources, the Union government is considering softening its stance on the goods and services tax (GST) demand notices issued to online gaming...

Govt plans to file a plea seeking the transfer of all GST-related online gaming cases to the Supreme Court

The Union government has made a significant move in the ongoing dispute over the retrospective imposition of Goods and Services Tax (GST) on online...

Supreme Court to review challenges against retroactive 28% GST on online gaming companies

The Supreme Court has taken notice of the petitions filed by Head Digital Works and Games 24/7, two prominent online gaming companies. These pleas...

Governor of Kerala signs ordinance imposing GST on online gaming, casinos & horse racing

In the midst of an escalating tussle between Raj Bhavan and the Left government, Kerala Governor Arif Mohammed Khan has officially signed an ordinance...

Maharashtra govt aims to garner Rs. 700 crores annual GST collections from online gaming & horse racing

In a move to enhance revenue, the Maharashtra Government aims to collect an additional ₹700 crore annually from online gaming and associated industries, including...

28% GST on Online Gaming Prospective In Effect: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has said that the 28% tax on online gaming is prospective in effect, clarifying that the tax would be impacting...

Dream Sports to shut down venture capital arm; downsize Rario

Dream Capital, the venture arm of Dream Sports Pvt. Ltd., will reportedly be shutting its operations down soon. The news comes in the midst...
Exit mobile version