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Offshore Online Gaming Companies in India Mandated to Register Their Business
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers. The move to tax online gaming companies has shocked the nascent $1.5 billion (nearly Rs. 12,430 crore) industry, which is backed by global investors.
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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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Pay Up To Rs 10,000 GST In Cash At Over 25,000 SBI Branches
State Bank of India offers payment of GST online through the modes of internet banking and debit cards.
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Planning to Sell Goods Online? Here are All the Taxes You Need to Know About
If you're planning on starting an online business - even just as a seller on a marketplace - then you need to know about the different tax liabilities you're taking on.
-
Offshore Online Gaming Companies in India Mandated to Register Their Business
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers. The move to tax online gaming companies has shocked the nascent $1.5 billion (nearly Rs. 12,430 crore) industry, which is backed by global investors.
-
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.
-
Pay Up To Rs 10,000 GST In Cash At Over 25,000 SBI Branches
State Bank of India offers payment of GST online through the modes of internet banking and debit cards.
-
Planning to Sell Goods Online? Here are All the Taxes You Need to Know About
If you're planning on starting an online business - even just as a seller on a marketplace - then you need to know about the different tax liabilities you're taking on.
