Fri, Sep 29, 2023
India is set to implement a 28% GST on online gaming from October 1, with the consent of all states. This could mean higher costs for gamers, but it could also lead to more transparency and regulation in the industry.
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Tue, Sep 26, 2023
The Directorate General of GST Intelligence has reportedly sent pre-showcause notices to a total of 12 companies, of which Dream11 got a Rs 25,000 crore notice.
Fri, Sep 22, 2023
Indian online gaming giants are in hot water as the Directorate-General of Goods and Services Tax Intelligence (DGGI) investigates alleged tax evasion totalling a staggering Rs 31,000 crore. Previously, the government alleged tax evasion of Rs 22,936 crore. Furthermore, the recent GST Council's decision to impose a 28% tax on online gaming changes the game, starting from October 1.
Wed, Jul 12, 2023
The Goods and Service Tax Council on Tuesday, July 12, decided to tax online gaming at 28%. The GST Council, agreed that there would be no distinction between games of skill and games of chance.
Fri, Jun 02, 2023
As per a recent study by EPWA, gaming has become a significant source of income for 83% of gamers, a stark contrast to previous years when gaming was merely seen as a hobby.
Fri, May 12, 2023
The Karnataka High Court has quashed a massive GST notice against Gameskraft Technology, accusing the Bengaluru-based startup of promoting online betting and failing to pay Rs 21,000 crore in taxes.
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