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July 31, 2023
So far, lottery, betting, and gambling were classified as actionable claims. Now, horse racing and online gaming will be added.
July 26, 2023
India's online gaming sector has experienced remarkable growth, with over 15 billion game downloads and a user base exceeding 500 million in 2022.The industry made a significant contribution of Rs 20 billion to the government's exchequer in ...
July 26, 2023
The GST Council has no plans to reconsider its decision to impose 28 percent tax on online gaming, as per sources
July 13, 2023
How the volumes in the online gaming behave will be known only once the higher tax rate becomes applicable.
July 12, 2023
Delta Corp stock crash today: The Delta Corp stock hit the lower circuit of 20% at Rs 197.45 on BSE. Total 2.13 lakh shares of the firm changed hands amounting to a turnover of Rs 4.46 crore.
July 12, 2023
28% GST will be imposed on online gaming, horse racing, and casinos turnover. The tax would be levied on the entire value.
July 12, 2023
The announcement of the GST Council to impose a 28 per cent tax on the turnover of online gaming companies has not gone well with the industry which has called it a killer blow that will lead to job losses.
July 12, 2023
Experts believe the move will have a massive impact on the gaming economy, including job loss and decline in foreign capital inflow
July 12, 2023
Will online gamers and inveterate gamblers now flock to the stock market? Or worse, F&O?
May 26, 2023
The guidelines cover topics such as multiple wallets on gaming platforms, taxable and non-taxable deposits, bonuses and incentives, etc.