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DGGI GAMESKRAFT CASE
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...- Online gaming equals gambling, taxable at 28% GST: Centre tells Supreme CourtThe Supreme Court is hearing arguments regarding the taxability of online gaming, with the DGGI asserting that the stakes involved constitu...
- SC to hear online gaming companies' Rs 1.12 lakh crore tax evasion case on May 5The Supreme Court addressed appeals from online gaming companies and casinos contesting Rs 1.12 lakh crore in show-cause notices from the D...
- Supreme Court to hear gaming firms’ challenge to 28% GST ruleA bench led by Justice JB Paridawala agreed to take up the case on January 10 to consider grant of stay on the show cause notices after gam...
- SC to club 27 eGaming GST cases for hearingSupreme Court takes over 27 petitions on 28% GST for online gaming. The case to be heard in May, impacting companies with retrospective tax...
- SC refuses to grant stay on tax notices to egaming companiesThe notices raised a demand of GST on the ‘buy in’ amount for each game and proceeds on the hypothesis that the staking of money in online ...
- IAMAI pulls invite to some gaming companies for meet with IT MoS Rajeev ChandrasekharThe private discussions are expected to be around “building certainty for online gaming”, according to people with knowledge of the matter.
- The harsh ‘reality’ facing real money gaming firms, and other top tech, startup stories this weekThe gaming industry in India is facing tax woes as the GST department issued pre-show cause notices to several cash flow-rich firms in the ...
- Online gaming companies tax demand in line with legal stand: CBIC chairmanCBIC chair says will implement 28% GST regime after state laws amended, review in 6 months
- eGaming companies GST tax demand in line with legal stand: CBIC chiefThe Central Board of Indirect Taxes and Customs (CBIC) chairman, Sanjay Kumar Agarwal, has stated that the goods and services tax (GST) not...
- Online gaming companies plan to move court; term GST demand “retrospective”Industry executives termed this as a big blow to the industry, as it grapples with the risk of bankruptcies. Risk capital investors are con...
- DGGI raises Rs 55,000-crore tax demand from Dream11, other online gaming companiesThis includes a notice of approximately Rs 25,000 crore to Dream11, making it possibly the largest indirect tax notice in India. More notic...
- Exclusive: Tesla’s renewed interest in India; 40 gaming companies stare at fresh GST noticesWeeks after Prime Minister Narendra Modi invited Tesla to come to India, the electric vehicle maker held discussions with government offici...
- Valuation markdowns hit Pine Labs, PharmEasy; Paytm’s boost to ONDC; and Netflix India under tax netContinuing with the trend of valuation markdowns at large tech companies, fintech firm Pine Labs and online pharmacy PharmEasy became the l...
- Google Bard comes to India; SoftBank Vision Fund logs $32 billion loss, sells 2% in PaytmGoogle kicked off Google I/O, its annual developer conference, on Wednesday and made a slew of announcements. Besides launching Pixel Fold,...
- Karnataka HC quashes Rs 21,000 crore GST notice against Gameskraft, online gaming industry cheers verdictHailing the judgment, the All India Gaming Federation said the landmark decision reiterates six decades of jurisprudence, and will greatly ...
- Rajasthan HC stays GST notice to gaming firm MyTeam11Rajasthan High Court asks DGGI to refrain from taking coercive action against the company
- What fintechs want from union budget; MyTeam11 gets relief from Rajasthan HCIndia’s fintech sector had a rocky 2022 thanks to a prolonged funding winter and strict new lending rules from the Reserve Bank of India. L...
- 28% GST on online games only when winning depends on certain outcome, says CBIC ChiefWith the recent GST Council meet not bringing up the Group of Ministers (GoM) report on online gaming, the department has said it would go ...
- Gaming regulations: Understand the games people playThe economics and potential of the entire industry are staggering, but cries out for unambiguous demarcation between games of skill and cha...
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