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SOGI calls for 28% GST on platform fees and not deposits for Indian gaming companiesThe Skill Online Games Institute (SOGI) has urged the government to impose 28% GST on platform fees instead of deposits to prevent tax arbi...20 Dec, 2024, 03.05 PM IST- Dream11 posts higher profit, revenue; auditor flags risk from GST demandDream11's auditor SR Batliboi & Co, an affiliate of EY, said the notices issued to the company by GST authorities seeking more than Rs 28,0...19 Jan, 2024, 08.08 PM IST
- Online gaming industry relieved as GST Council clears tax hazeThe online gaming industry has welcomed the GST Council’s recommendation that will ensure there won’t be repetitive taxation on gamers, but...03 Aug, 2023, 12.33 AM IST
- Gaming companies differ on tax formula ahead of GST Council’s second meetThe difference in opinion emerged amid an attempt to arrive at an agreement about the final representation to be made to the government ahe...31 Jul, 2023, 12.57 PM IST
- Online gaming companies seek more clarity on GSTGaming companies are learnt to be discussing the course of action and deciding on the key clarifications they need from the government befo...15 Jul, 2023, 07.59 AM IST
- India's GoM on online gaming, casinos, horse racing broadly agrees on 28% GST; Goa has a different viewIndia's group of ministers has agreed on a 28% GST on online gaming, horse racing and casinos, but could not reach a consensus on the taxab...06 Jul, 2023, 01.38 PM IST
- Top gaming firms urge government not to raise GST rate to 28%A group of top online gaming firms has sent a representation through the Ficci Gaming Committee to the Central Board of Indirect Taxes & Cu...10 Jun, 2023, 06.00 AM IST
- Group of ministers likely to propose 18% GST for games of skill, 28% for chanceThe Meghalaya chief minister Conrad Sangma headed GoM may recommend the highest 28% GST on betting, casinos and horse racing, differentiati...10 Apr, 2023, 09.44 AM IST
- Online gaming companies say TDS will cut rows, compliance loadA top executive at a fantasy sports gaming platform said initially the government had set the July deadline for TDS applicability so that c...27 Mar, 2023, 10.15 AM IST
- Countries with thriving online gaming industry levy GST on gross gaming revenue: ReportIn India, the online gaming industry currently pays GST at the rate of 18 per cent on GGR amounting to over Rs 2,200 crore per year, Lakshm...15 Dec, 2022, 04.52 PM IST
- Online gaming industry okay with 28% GST on gross gaming revenue, but not on entry amountThe 47th GST Council meeting held in June had directed that the Group of Ministers on Casino, Race Course and Online Gaming re-examine the ...08 Dec, 2022, 04.09 PM IST
- GoM still divided on 28% e-gaming GST, GGR levyUP and WB favoured a differential treatment between games of ‘skill’ and ‘chance’, say sources.23 Nov, 2022, 06.00 AM IST
- To tax at 18% or 28%? The GST Conundrum for skill gaming sectorThe market value of the Indian skill gaming sector is around Rs 79 billion in the financial year (FY) 2021-22 and may reach Rs 150 billion ...01 Aug, 2022, 10.55 AM IST
- Global investors of gaming companies mail FM for status quo on GSTOver the past few years, there has been an ongoing debate on whether taxes should be applicable on the total transaction value or the net c...23 Jul, 2022, 10.04 AM IST
- GST on gaming and gambling: Don’t ‘game over’ before it has even begunCaught between a perception that online games are nothing but a rich man’s gambit that only whips up greed and promotes gambling, India’s $...12 Jul, 2022, 02.44 PM IST
- GSPC-Geo Global deal: Guj HC seeks reply from govt on PILThe Gujarat HC today issued notices to the state govt, Centre and GSPC on a PIL seeking CBI probe into the PSU's joint venture with Canada-...25 Apr, 2013, 10.07 PM IST
- Canada’s GeoGlobal likely to go on saleCanada-based GeoGlobal Resources (GGR) a publicly-traded oil and gas company is likely to be on the block soon.23 Jan, 2007, 12.09 AM IST
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