After Gameskraft, Dream11 has now become the latest RMG company to receive a show cause notice…
Tag: GST
India’s tax authority to investigate 100 plus online gaming firms for GST evasion
Online gaming companies in India have always been on the government’s radar due to the nature…
Fantasy sports platform MPL to lay off 350 employees
Fantasy sports and online gaming unicorn Mobile Premier League’s founder and CEO Sai Srinivas informed staff members…
28 per cent GST on online gaming to be implemented from 1 Oct, policy to be under 6 months review
Following a GST Council meeting on 2 August, India’s finance minister Nirmala Sitharaman stated that the…
Indian video game industry writes to government of India asking clarity on GST
The recent decision to apply 28 per cent Goods and Services Tax (GST) on online games…
28 per cent GST not applicable to esports, says ESFI president Vinod Tiwari
In the recently conducted 50th meet of the Goods and Service Tax (GST) Council in New Delhi, it was…
VFX and animation industries seek clarification on GST applicability for export services
In a bid to address the concerns of several animation, visual effects (VFX), gaming, and other…
Minister Rajeev Chandrasekhar to ask GST Council to reconsider 28 per cent tax decision on online gaming industry
Minister of state Rajeev Chandrasekhar stated at an event on Monday that the nodal ministry for…
Survey suggests heavy tax imposed on online gaming discourages people from participating
An in-depth study on the impact of GST on online gamers in India has revealed that…
GST Council of India decides to levy 28 per cent tax on online gaming; industry shares its views
At its 50th meeting in New Delhi, the Goods and Services Tax (GST) Council decided to…
AIGF, FIFS and EGF to raise concern over a likely GST increase on skill-based online games
All India Gaming Federation (AIGF), along with the E-Gaming Federation and Federation of Indian Fantasy Sports…
‘Online gaming in India – The GST conundrum’ report provides clarity on the valuation and applicable GST rates for the gaming industry
The exponential rise of the gaming industry in 2020 has bound every sector to explore the…