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 ...
28 May, 2026, 12.03 AM IST
Gameskraft net profit falls due to unsanctioned payments, GST impact; files police complaintOnline gaming firm Gameskraft reported a net profit drop in FY25, impacted by a Rs 231 crore write-off linked to alleged fund siphoning by ...
05 Sep, 2025, 01.20 PM IST
Retro tax waiver set to ease gaming companies Rs 1 lakh core tax painThe Goods and Services Tax (GST) council's recommendation to allow the government to overrule retrospective tax demands could resolve pendi...
24 Jun, 2024, 06.11 AM IST
SC transfers to itself all petitions against 28 pc GST on online gaming companiesSeveral online gaming companies including Gameskraft, Dream 11, Games 24x7, and Head Digital Works have approached the court also challengi...
05 Apr, 2024, 04.13 PM IST
Gameskraft’s revenue grows to Rs 2,662 crore, profit rises to Rs 1,062 crore amid tax troublesThe company’s revenue from operations increased to Rs 2,662 crore in FY23, an almost 25% increase from the Rs 2,113 crore it generated in F...
05 Dec, 2023, 06.13 PM IST
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.
05 Dec, 2023, 04.34 PM IST
View: It's testing time for Indian gaming industry, but probably a good time for investorsThe Indian gaming industry, valued at $2.6 billion, is eagerly awaiting the Gameskraft hearing on October 10. Despite predictions that the ...
06 Oct, 2023, 11.03 PM IST
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...
26 Sep, 2023, 08.23 AM IST
Gameskraft to discontinue super app Gamezy amid Rs 21,000 crore tax demandThe company was building Gamezy Fantasy as a super app for online games which hosted multiple products. In addition to fantasy sports, Game...
16 Sep, 2023, 10.12 PM IST
SC stays Karnataka HC order of Gameskraft tax evasion caseThe Supreme Court stayed the Karnataka High Court’s judgment that overturned the Directorate General of GST Intelligence’s order imposing a...
06 Sep, 2023, 01.01 PM IST
Money e-gaming companies face Rs 45,000 crore tax demandOnline money gaming companies in India may have to pay about ₹45,000 crore ($6 billion) in additional taxes as they may have paid only 18% ...
16 Aug, 2023, 06.53 AM IST
Exclusive: GST tweak may cost 40 online gaming companies Rs 10,000 croreOfficials said liabilities in the case of the 40 online gaming companies could add up to Rs 10,000 crore. The authorities had been awaiting...
17 Jul, 2023, 02.54 PM IST
Online gaming companies say only illegal platforms will gain from 28% GSTThe government's decision to impose a 28% GST on the full face value of online gaming could result in users migrating to illegal gambling a...
11 Jul, 2023, 11.03 PM IST
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 ...
11 May, 2023, 06.52 PM IST
Ministry of IT creating one consolidated view on skill games for all ministries, statesMinistry of IT is creating one consolidated view on skill games and this will percolate to all ministries and across states, said Rajeev Ch...
17 Jan, 2023, 04.07 PM IST
I-T notices being sent to winners of online games for short-payment of tax: CBDT chief Nitin GuptaThe department has started alerting the winners on the tax compliance dashboard wherever there is a mismatch in income and tax payments. Th...
27 Sep, 2022, 10.32 PM IST
GST authorities issue notice to Gameskraft, seek Rs 21,000 croreLast year in December, the GST authorities had conducted a search on the premises of the company and attached its property and bank account...
25 Sep, 2022, 11.38 PM IST