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Tag: real money gaming

May request GST Council to reconsider 28% online gaming tax: Rajeev Chandrasekhar

In a recent interview today, Minister of State for Electronics & Information Technology Rajeev Chandrasekhar stated that he might request the GST Council to...

28% GST on online gaming to severely impact fintech and regulatory tech industries’ revenues

While the 28% GST rate on full face value amount has dealt a heavy blow to the online real-money gaming industry the knock-on effect...

Online gaming companies write to govt to reconsider 28% GST

As many as 127 gaming startups and industry bodies have addressed an open letter to the government requesting to reconsider the GST rate for...

28% GST: Online gaming companies await more clarity before taking next steps

Online gaming firms are now waiting for clarity on how the 28% tax rate at full face value, announced by the GST Council on...

‘Stop gaming, start building rockets’ – Anupam Mittal takes a jibe at GST Council’s decision

Popular businessman and one of the judges on Shark Tank India, Anupam Mittal, recently poked fun at the latest GST council decision to increase...

Goa: Congress alleges state govt works for welfare of casinos, not people

The Goa Pradesh Congress Committee (GPCC) General Secretary Vijay Bhike commented on the statement made by Industries Minister Mauvin Godinho relating to the GST...

5 reasons why RMG companies failed to convince GST Council on tax rate and valuation

On 11th July, 2023 the apex constitutional indirect tax body, the Goods and Services Tax (GST) Council in its 50th meeting decided to levy...

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...

Delhi HC lists NGO’s PIL against online gaming rules, matter to be heard on July 13

Following up to the Public Interest Litigation (PIL) filed by Noida-based NGO challenging the constitutional and legislative validity of the Information Technology Amendment Rules,...

IndiaPlays appoints Ami Palan and Yash Thakkar in leadership roles

Online real money gaming platform IndiaPlays has made appointments at the senior level in the form of Ami Palan as head of marketing &...

Sri Lanka: Cabinet approves proposal to set up gaming regulatory body

Sri Lanka's Cabinet of Ministers has approved the proposal to draft a bill to form a gambling regulatory authority. According to reports, creating a...

G2G announces grand 2nd edition of G2G Expo

After grand success of G2G Expo in its first-ever edition, the much awaited second edition of the beloved event is coming back with an...

PlayerzPot launches #TalentKiValue campaign with brand ambassador Rashmika Mandanna

As the IPL season draws to a close, online gaming platform PlayerzPot gaming platform today unveiled a one-of-its-kind campaign titled #TalentKiValue along with their...