spot_img
spot_imgspot_imgspot_imgspot_img

Tag: real money gaming

Report: Govt to issue ordinance imposing 28% GST on online gaming

With the finalization of new GST rate for online gaming, casino and horse racing, the central government may soon issue an ordinance to enforce...
GST on Online Gaming

Online gaming industry reacts to GST Council’s decision to levy 28% tax on initial deposits

The 51st GST Council meeting clarified that the 28% tax on online gaming and casinos at full face value will be levied on initial...
GST on Online Gaming

Breaking: GST Council decides to levy 28% tax on online gaming and casinos on initial deposits

The GST Council today held a meeting online in order to finalize the method of taxation on full face value for online gaming. After...
GST on Online Gaming

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...
Gaming

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...
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...
Gaming

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....
GST on Online Gaming

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...
GST on Online Gaming

‘Charging GST on face value doesn’t seem logical’ – Delta Group CFO Hardik Dhebar opines over GST on online gaming

TheQ1 net profits of Delta Corp Ltd. saw a 19% Y-o-Y (year-on-year) rise. Speaking on the same, Delta group CFO, Hardik Dhebar mentioned the...
Gaming

GST Council to meet on 2nd August to approve rules to implement 28% GST on online gaming, casinos & horse racing

The GST council will hold an online meeting via videoconferencing on Wednesday, August 2. The meeting will be held in order to discuss and...
GST on Online Gaming

MeitY and Finance Ministry differ over 28% GST rate on online gaming, Chandrasekhar refutes claims

With allegedly different opinions on how the online real money gaming sector should be taxed, the Finance Ministry and the Ministry of Electronics and...
GST on Online Gaming

Nashik man starts campaign to stop actor Ajay Devgn from appearing in Junglee Rummy adverts

A video of a man in Nashik protesting against celebrities and cricketers promoting online gaming is going viral. The man can be seen sitting...
Rummy

Paytm First Games’ parent One97 Comm. releases new ESOPs pool worth Rs 145 crore

Parent company for Paytm First Games, One97 Communications, has released a new Employee Stock Ownership Plan (ESOP) pool for its employees. The news of...
Gaming

28% GST: RMG companies likely to slash advertising budgets, avoid upcoming cricketing season

Recent announcement to levy GST on full face value have sent online real money gaming companies in a conundrum. Companies have cited that the...
GST on Online Gaming

‘This has become an existential issue’ – CrickPe’s Ashneer Grover explains unit economics behind GST on online gaming

Entrepreneur and co-founder of fantasy gaming app CrickPe Ashneer Grover on Thursday, July 20, made a post of his Twitter account. In the post,...
Gaming

Gamer criticises GST Council’s decision in open letter to revenue secy, asks if they are ‘addicts’

A gamer named Deep Patel has criticized the recent decision taken by the GST Council to levy 28% tax on full face value on...
GST on Online Gaming
1...345...7Page 4 of 7

© G2G TECHNOLOGIES PRIVATE LIMITED 2023

Developed & Managed by ZapBase