Nazara, Winzo, and others write to govt to protest 28% GST on ‘online skill gaming’
Looks like the gaming federation is trying really hard to lobby government and get the decision reversed. Any thoughts?
Earlier this week, the 50th GST Council meeting decided that a 28% GST will be levied on the full face value of online gaming.
https://entrackr.com/2023/07/nazara-winzo-and-others-write-to-govt-to-protest-28-gst-on-online-skill-gaming/
Greatusername
Stealth
a year ago
Discover More
Curated from across
Office Gossip on
by Neo69
InMobi
Gaming are hidden real businesses in the tech ecosystem
Five-year-old Gameskraft—which operates Rummy Culture, Gamezy, Rummy Time, among others—touched Rs 2,112 crore revenue in FY22
https://entrackr.com/2023/01/bootstrapped-startup-gameskraft-crossed-rs-900-cr-profit-in-fy22/
News Discussion on
by baatli_wala
Amazon
What's your view on GST on online gaming (aka satta), was legalizing it was good idea?
In a recent interview following the presentation of the Interim Budget, Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxe...
https://insider99.com/en-in/surge-in-gst-collections-from-online-gaming-signals-growth-in-sector/
News Discussion on
by Thomas_Shelby
Swiggy
40,000Cr GST notice to Dream11
40,000Cr to Dream11 20000Cr to GamesKraft 16,000Cr to Deltacorp This will be a major blow to the online betting industry. All the top companies have taken a major hit. Will be interesting to see how they recover from it. Deltacorp shares already down 18% today!
Central Board of Indirect Taxes and Customs is likely to send show cause notices to over 40 skill-gaming companies for alleged tax evasion a...
https://www.moneycontrol.com/news/business/dream11-parent-approaches-bombay-high-court-challenging-gst-evasion-notice-11426751.html