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Tag: GST

Punjab FM Harpal Singh Cheema reveals state backs GST Council’s decision on online gaming strongly

Punjab finance minister Harpal Singh Cheema revealed that the state government is in full support of the GST Council's decision to tax the online...

Revenue Secretary Sanjay Malhotra opens up on GST Council’s decision

Revenue Secretary Sanjay Malhotra recently talked about the decision on tax rate announced by the GST council during an interview with CNBC. Malhotra informs that...

GST Council’s decision on online gaming will hinder $1 trillion digital economy goal: Karnataka IT minister

Karnataka Information Technology and Bio Technology minister Priyank Kharge opposed the decision of the GST Council to impose 28% tax rate on full face...

Draft Amendments to GST Act to clarify rate of 28% on face value sent to states

The recent announcement made by the GST Council has disappointed the entire online gaming industry who believe that many companies will now face a...

‘Why judgement on online gaming now?’ – Ashneer Grover criticizes GST Council’s decision

The online gaming industry was dealt a heavy blow yesterday after the GST Council announced 28% tax rate on full face value amount. Entrepreneur...

28% GST rate on online gaming will have minimal impact on our overall revenues: Nazara Tech

The decision by the GST Council to tax online gaming at 28% on full face value amount has shaken the industry. Nazara Technologies, in...

Online gaming industry miffed by GST Council’s decision to levy 28% tax on full face value amount

The GST Council, in its 50th meeting today, finalized the tax rate on online gaming, casinos and horse racing and it did come as...

Breaking: GST Council imposes 28% tax rate on online gaming and casinos on full face value amount

The much-awaited decision concerning the tax rate for online gaming, casinos and horse racing has been finalized. Online gaming will be taxed at the...

Goa suggests 18% GST rate on online gaming, differs from other GoM member states

The next GST Council meeting is slated to be held on July 11 and the matter related to the taxation of online gaming, casinos...

GST Council to discuss tax rate on online gaming in upcoming meeting on July 11: Govt official

The 50th GST Council meeting will be held on Tuesday, July 11 and is reported to discuss the tax rate on online gaming, casinos...

50th GST Council meeting to take place on July 11, tax rate on online gaming may be finalised

The date of the long-awaited 50th GST Council meeting has been finalized. According to an official tweet from the GST Council, the meeting will...

Central govt likely to move transfer petition in Supreme Court to club all pending online gaming GST cases

As reported last week, the revenue department will in all likelihood file an appeal directly to the Supreme Court against the single-bench ruling of...

GST Council may define online gaming for taxation clarity

According to a senior government official, the upcoming GST Council meeting is likely to discuss the Group of Ministers' (GoM) report and decide on...

GST Council should differentiate between games of skill and games of chance: Former CBIC chair

Former chairperson of Central Board of Indirect Taxes and Customs (CBIC) John Joseph expressed his views on the GST rate for online games recently,...

LKS releases GoM report analysis highlighting need of fair taxation framework for online gaming

Popular Indian law firm Lakshmikumaran & Sridharan (LKS) Attorneys has released a report of analysis of the recommendations by the Group of Ministers (GoM)...

Gaming poised to emerge as viable source of income in India: EPWA-CJT study

A study on online gamers in India has revealed the growing trend of gaming emerging as a career option in India and not just...