April 1, 2024

India’s Online Gaming Sector at a Crossroads

India’s Gaming Market Faces Turmoil Over 28% GST—A Critical Analysis In a decisive moment for India’s burgeoning online gaming market, the imposition of a 28% Goods and Services Tax (GST) has stirred widespread controversy, placing the industry at a pivotal juncture. This significant tax proposal has sparked heated debates among stakeholders, with industry pushback and […]

January 11, 2024

SC to Rule on 28% GST for Online Gaming in India on April 2

Supreme Court’s Decisive Hearing on GST for Online Gaming in India The Supreme Court of India is set to conduct a landmark hearing on the Goods and Services Tax (GST) implications for the online gaming industry on April 2. This hearing is a crucial juncture for several online gaming companies challenging the retrospective tax imposition. […]

November 7, 2023

Bihar Tables Amendment to Enforce 28% GST on Online Gaming

Attention gamers and industry stakeholders: Bihar is setting a new course for online gaming taxation! With a substantial 28% GST now in the spotlight, the Bihar state government is steering the online gaming sector towards a revised tax landscape. Understand the implications of the recent bill that seeks to cement the ordinance into law, potentially […]

May 23, 2023

Online gaming winnings taxed in India

According to a recent announcement by the Indian government, bonuses, referrals, and incentives provided by online gaming companies will now be subjected to taxation. The government considers these elements to be a part of a player’s overall winnings, as reported by Reuters. The Central Board of Direct Taxes has issued new guidelines stating that online […]

April 24, 2023

Allegations of Tax Evasion in India by Offshore Gambling Firms

As per the information provided, it appears that the companies being investigated for tax evasion amounting to Rs 23,000 crore (US$2.81 million) are not registered under the Goods and Services Tax (GST) system. GST is a consumption-based tax levied on the supply of goods and services in India, and businesses with a certain threshold of […]