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Supreme Court Stays GST Notices Worth Over Rs 1 Lakh Crore Against Gaming Firms
The Supreme Court on Friday stayed showcause notices issued by GST authorities worth over Rs 1 lakh crore to online gaming companies and casinos over alleged tax evasion.
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Gunaah Season 2 OTT Release Date: When and Where to Watch it Online?
Gunaah Season 2 is set to stream on Disney+ Hotstar from January 3, 2025. Starring Surbhi Jyoti and Gashmeer Mahajani, the action drama resumes with a gripping tale of betrayal, transformation, and revenge. Directed by Anil Senior and produced by Bodhitree Multimedia, the season introduces new twists as the protagonist embarks on a revenge mission ...
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Digital Gambling Boom Results In 80 Million People Facing Disorders Worldwide
A recent study by The Lancet Public Health Commission reveals that approximately 80 million people worldwide suffer from gambling disorders, with adolescents being the most affected.
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Betting-Based Online Gaming Firms Said to Face Rs. 1 Lakh Crore GST Notices
India's online gaming industry has received show-cause notices amounting to Rs. 1 lakh crore say sources. The notices come even as the industry has raised concerns on the applicable GST Rates.
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28% GST On Bets By Foreign Players On Domestic Online Gaming Platforms
Domestic online gaming companies will be required to deduct 28 per cent GST on bets placed from overseas locations, including by foreign players, as such bets will also be treated as actionable claims.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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28% GST On Online Gaming Stays. To Be Reviewed Next Year
In some relief to online gaming industry, the GST Council on Wednesday decided that 28 per cent GST will be levied at face value of entry level bets placed in gaming platforms and casinos.
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GST Council To Virtually Meet Tomorrow, Discuss Tax On Online Gaming, Casinos
A meeting of the GST Council is set to be held tomorrow via videoconferencing, where the members will discuss and take a final call on the proposal to levy 28 per cent GST on online gaming, casinos and horse racing, finance ministry officials said.
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Anupam Mittal Lashes Out At 28% GST On Online Gaming: ''Start Building Rockets''
Shaadi.com founder and Shark Tank India judge Anupam Mittal slammed the move, saying that entrepreneurs should now build rockets rather than gaming companies.
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Explained: Impact Of New GST Rules On Online Gaming, Auto Sector, Cinema
The GST Council has announced that the bets placed in online gaming and casinos will now face 28 per cent tax.
-
Philippine Police Rescued More Than 1,000 Trafficked People Into Manila
Philippine police said Tuesday they have rescued more than 1,000 people allegedly trafficked into the country to work for an online casino in Manila.
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Will Casinos Open In Meghalaya? Here's What Chief Minister Has Decided
Conrad Sangma's government is "unorganised" and has "multiple directions, multiple intentions", says Opposition leader after latest decision
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Government to Finalise GST Rates on Online Gaming in August: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman mentioned that the GST rates on online gaming, horse racing and casinos will be finalised in the 48th GST Council Meeting which will be held in August in Madurai. She also added that the compensation can be continued at least for a few years.
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LinkedIn Blocked in Kazakhstan Over Alleged Fake Accounts, Gambling Advertisements
Kazakhstan has blocked access to Microsoft subsidiary LinkedIn, over what the Central Asian country's government said were online casino advertisements and fake accounts.
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Apple’s App Store Was Hosting an Online Casino App Disguised as Children’s Game: Find Out How
Apple’s App Store has been caught once again hosting an app that disguises itself as a kid’s game but is actually promoting online gambling. The app is called Jungle Runner 2K21 and it is not available on the App Store anymore.
-
Supreme Court Stays GST Notices Worth Over Rs 1 Lakh Crore Against Gaming Firms
The Supreme Court on Friday stayed showcause notices issued by GST authorities worth over Rs 1 lakh crore to online gaming companies and casinos over alleged tax evasion.
-
Gunaah Season 2 OTT Release Date: When and Where to Watch it Online?
Gunaah Season 2 is set to stream on Disney+ Hotstar from January 3, 2025. Starring Surbhi Jyoti and Gashmeer Mahajani, the action drama resumes with a gripping tale of betrayal, transformation, and revenge. Directed by Anil Senior and produced by Bodhitree Multimedia, the season introduces new twists as the protagonist embarks on a revenge mission ...
-
Digital Gambling Boom Results In 80 Million People Facing Disorders Worldwide
A recent study by The Lancet Public Health Commission reveals that approximately 80 million people worldwide suffer from gambling disorders, with adolescents being the most affected.
-
Betting-Based Online Gaming Firms Said to Face Rs. 1 Lakh Crore GST Notices
India's online gaming industry has received show-cause notices amounting to Rs. 1 lakh crore say sources. The notices come even as the industry has raised concerns on the applicable GST Rates.
-
28% GST On Bets By Foreign Players On Domestic Online Gaming Platforms
Domestic online gaming companies will be required to deduct 28 per cent GST on bets placed from overseas locations, including by foreign players, as such bets will also be treated as actionable claims.
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
28% GST On Online Gaming Stays. To Be Reviewed Next Year
In some relief to online gaming industry, the GST Council on Wednesday decided that 28 per cent GST will be levied at face value of entry level bets placed in gaming platforms and casinos.
-
GST Council To Virtually Meet Tomorrow, Discuss Tax On Online Gaming, Casinos
A meeting of the GST Council is set to be held tomorrow via videoconferencing, where the members will discuss and take a final call on the proposal to levy 28 per cent GST on online gaming, casinos and horse racing, finance ministry officials said.
-
Anupam Mittal Lashes Out At 28% GST On Online Gaming: ''Start Building Rockets''
Shaadi.com founder and Shark Tank India judge Anupam Mittal slammed the move, saying that entrepreneurs should now build rockets rather than gaming companies.
-
Explained: Impact Of New GST Rules On Online Gaming, Auto Sector, Cinema
The GST Council has announced that the bets placed in online gaming and casinos will now face 28 per cent tax.
-
Philippine Police Rescued More Than 1,000 Trafficked People Into Manila
Philippine police said Tuesday they have rescued more than 1,000 people allegedly trafficked into the country to work for an online casino in Manila.
-
Will Casinos Open In Meghalaya? Here's What Chief Minister Has Decided
Conrad Sangma's government is "unorganised" and has "multiple directions, multiple intentions", says Opposition leader after latest decision
-
Government to Finalise GST Rates on Online Gaming in August: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman mentioned that the GST rates on online gaming, horse racing and casinos will be finalised in the 48th GST Council Meeting which will be held in August in Madurai. She also added that the compensation can be continued at least for a few years.
-
LinkedIn Blocked in Kazakhstan Over Alleged Fake Accounts, Gambling Advertisements
Kazakhstan has blocked access to Microsoft subsidiary LinkedIn, over what the Central Asian country's government said were online casino advertisements and fake accounts.
-
Apple’s App Store Was Hosting an Online Casino App Disguised as Children’s Game: Find Out How
Apple’s App Store has been caught once again hosting an app that disguises itself as a kid’s game but is actually promoting online gambling. The app is called Jungle Runner 2K21 and it is not available on the App Store anymore.
