Search Results for: GST
India GST Council to review plan to impose 28% tax on online gaming
February 8, 2024
The decision to impose a 28% tax on the full face value of online gaming will be reviewed by the GST Council, according to Indian ...
Indian gov’t projects collecting $1.7 billion in GST in 2024
February 5, 2024
According to Indian Revenue Secretary Sanjay Malhotra, who was quoted by Reuters, the Indian government anticipates collecting aro...
Delta Corp. introduces promotional casino chips to entice customers amid GST issue
January 24, 2024
The largest gaming operator in India, Delta Corp, has introduced special casino chips to entice customers back following a decline...
Indian gov’t remains resolute on matters concerning GST within gaming industry
January 22, 2024
The Goods and Services Tax (GST) in the gaming industry is upheld by the Indian government.
It's a major setback that the Finan...
GST levied on online gaming companies not being applied retrospectively
October 9, 2023
The Goods and Service Tax (GST) imposed on online gambling enterprises has not been retroactively applied, according to Indian off...
Gameskraft GST notice a blow for India’s skill-based industry
November 9, 2022
The recent $262 million show-cause notice issued by India’s tax authorities to Gameskraft Technology has demoralised the country...
India tax regulator seeks info from digital asset exchanges as it considers imposing GST: report
November 8, 2022
India’s Central Board of Indirect Taxes & Customs (CBIC) has ordered virtual currency service providers to provide details o...
India online market holds breath pending potentially “catastrophic” GST ruling
July 4, 2022
India is mulling a proposal to hike the Goods and Services Tax (GST) on online gaming from 18 to 28 percent in a move that would ...
India proposes GST tax hike for online gambling firms
May 19, 2022
India is proposing to hike tax for online gambling firms to 28 percent of the face value of a bet, bringing the nascent industry ...
Indian Tax Authorities Mulling Highest 28% GST Slab for Crypto Activities: Report
May 11, 2022
The Indian government’s strict stance on the crypto sector seems to be gathering more steam. In the latest development, the Goo...