After months of dithering, the central government has finally convened the 48th meeting of the GST Council on 17th December, 2022. The meeting to...

Regardless of whether an online game is a skill game or a game of chance, the panel of state finance ministers is expected to...

According to sources who spoke with Financial Express, a group of ministers (GoM) on racetracks, casinos, and online gambling will probably maintain the stand...

With so many frauds and an increase in the number of victims of online gaming for a long time, the Goods and Services Tax...

According to an official, a GST Council meeting is likely to be held in the first half of November to discuss the reports concluded...

The Group of Ministers (GoM) has been working on formulating GST rates on casinos, racecourses and online gaming and draw up the definitions to...

With the rise of online gaming sector over the past year, the ecosystem has indeed witnessed a transformation in terms of legislation and best practices. While the KPMG report says there are 420 million casual games users, 92 million RMG card and casual based users, 60 million RMG card and fantasy sports users, ‘India Gaming Report 2021’ by Lumikai and Redseer reports that there were 80 million gamers in 2020. It also surmises that paid gamers will be driving further growth as paid gamers in India are set to approximately become 235 million in 2025.

The demand to reduce the GST rates which had been echoing in the online gaming sector for quite some time and was articulated in the EY report wherein concerns were raised that "the regressive taxation of the online gaming sector may result in making the business unsustainable in India, has now been finally heard by the government.