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GAMESKRAFT TAX LIABILITY
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...- All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...
- 2025 in the rearview: A year of tumult and triumphIndia's economy in 2025 faced challenges from US tariffs and foreign investor exits. Despite these, domestic demand and reforms fueled stro...
- 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...
- Real-money gaming companies look for an ace to beat tax bluesCompanies are trying out restrictions on the withdrawal of deposits for shorter games like rummy and poker to avoid being hit by repetitive...
- 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 ...
- 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...
- Big blow for Gameskraft in Rs 21,000 crore GST evasion case; RBI wants fintechs to self-regulateIn a setback for online gaming firm Gameskraft, the Supreme Court has overturned the Karnataka High Court's order that quashed a GST notice...
- Online gaming firms stare at Rs 45,000 crore GST demand; Digital India gets a boostOnline gaming companies are likely to be hit by a massive tax demand of as much as Rs 45,000 crore. This and more in today’s ETtech Top 5.
- 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% ...
- Online gaming likely to see hiring pullbacks; layoffsThe GST Council's decision, to be implemented from October 1, will not only impact fresh hiring but also lead to job losses, particularly a...
- 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...
- 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...
- 28% GST on online gaming could boost revenue collection tenfoldHowever, the industry claims the move threatens to make the $20 billion online gaming sector unviable.
- Rajasthan HC stays GST notice to gaming firm MyTeam11Rajasthan High Court asks DGGI to refrain from taking coercive action against the company
- Will Budget 2023 hike threshold for tax deduction at source on income from online games?The online gaming is in news due to various reasons. Budget 2022 announced to set up a task force committee to boost the domestic capacitie...
- More online gaming firms under I-T lens; Tatas may consolidate ecommerce biz under one entityThe action comes close on the heels of the GST intelligence wing issuing a similar notice earlier this month to a Bengaluru-based online ga...
- 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...
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