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GST LAW ON GAMBLING
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...- SC GST ruling on online gaming may cast wider tax net over casinos, horse racingA recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just...
- Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
- Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
- SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- Supreme Court backs Tamil Nadu, Karnataka online gaming laws on online rummy, poker with stakesThe Supreme Court has affirmed states' authority to control and prohibit online gaming involving betting. This decision overturns earlier H...
- Games of skill not gambling: Online gaming cos tell SC as they challenge Rs 1.12 lakh cr tax demandOnline gaming companies challenge the retrospective application of 28% GST, arguing that games of skill shouldn't be equated with gambling....
- 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...
- Money gaming sees its first big casualty; New Year to be criticalIn 2024, India's money gaming industry faces severe challenges due to new regulations, including a 28% GST and the Bharatiya Nyaya Sanhita ...
- Kerala Governor signs ordinance amending state GST law on gamblingThe ordinance was promulgated by the state government after the 50th Goods and Service Tax (GST) Council meeting had fixed 28 per cent GST ...
- Online gaming, casinos liable to 28 per cent GST since beginning: Revenue Secretary Sanjay Malhotra"Certain members had raised the issue of retrospective taxation. It was informed to them that this is not retrospective, and this was the l...
- FinMin notifies Oct 1 date for implementing amended GST law provisions for e-gamingAccording to the changes to the Central GST Act, these supplies will henceforth be treated as "actionable claims" similar to lottery, betti...
- We'll defend legal position in gaming cases: CBIC ChiefVivek Johri says Centre, states on same page to ensure loopholes aren’t used to rig tax system
- GST officers detect tax evasion by offshore entities providing online betting, gamblingThese online betting and gambling apps are available on Google Play Store for android phone users and App Store for iOS users and can be fr...
- Sports not games, but both gameOld physically played games like rummy, poker and blackjack are getting seamlessly digitalised, being played online and increasingly in vir...
- Law Committee suggests clear definition for game of chance and skillThe Law Committee under the Goods and Services Tax Council is of the view that a clear definition and classification of the “game of chance...
- Game of skill or chance? GST law panel for clear definitionMany courts have overlapping definitions and it will be better if there is a uniform framework for this, the law committee has told the GoM...
- View: Policy needs to demarcate the difference between gambling and gamingThe income-tax treatment of these two types of activity also differs. Winnings from games of chance are taxed at the highest slab without a...
- GST on lottery: SC’s recent judgement is a setback for the industry, but has a ray of hopeAfter much hue and cry from the lottery industry recently, a single rate of 28% has been introduced by the exchequer on all kinds of lotter...
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