GST on online gaming

GST Council recently decided to impose 28% GST on online gaming, casino and race courses.The GST Council's decision to impose 28% GST on online gaming has drawn flak from industry playersThe GST Council is likely to meet on August 2 via…

The Goods and Services Tax (GST) Council will meet virtually on August 2 to consider legal amendments necessary for the 28% levy on online gaming, casinos and horse racing.The special meeting is expected to thrash out issues such as…

Karnataka revenue minister Krishna Byre Gowda, who represents the state in the GST Council, says the decision to impose 28% tax on online gaming was eminently justified. In fact, there should have been a cess also on all forms of betting,…

Will the row over 28% goods and services tax (GST) on online gaming affect the job prospects in the industry?At a time when the industry is unhappy with the move, News18 spoke to colleges which teach students online gaming, focusing on art…

Amid backlash from the online gaming industry over the imposition of 28% GST, Minister of State for Electronics & Information Technology (MeitY) Rajeev Chandrasekhar has said he will “request the GST council for consideration on the new…

Last Updated: July 12, 2023, 13:34 ISTFinance minister Nirmala Sitharaman during a press conference stated that online gaming, horse racing, and casinos, all will be taxed at 28%. (Representational image: AFP)Shares of online gaming stocks…

High GST will make it more difficult for gaming companies to raise capital and invest in new games and technologies. This could impact the industry’s pace and make it less competitive in the global market. (Shutterstock)Passing the costs to…

<!-- -->GST Council has decided to impose 28% tax on online gaming, casino and horse racing etcNew Delhi: The exchequer would get an estimated additional revenue of Rs 20,000 crore annually following the decision of the GST Council to…

<!-- -->Parliament's Monsoon Session will begin on July 20 and end on August 11, 2023.New Delhi: Revenue Secretary Sanjay Malhotra today said the central government will bring clarificatory amendments to the GST Act in the monsoon…

After Ashneer Grover lashed out at the 28 per cent GST on online gaming, another Shark Tank India judge has joined the list of entrepreneurs, who are criticising the Centre’s move. Shaadi.com founder Anupam Mittal on Wednesday hit out at…