SC to examine legality of 28% GST on online gaming companies
[ad_1] New Delhi The Supreme Court on Monday agreed to examine a challenge by a group of online gaming companies against the imposition of 28% goods and service tax (GST)…
Dream11 parent prepares war chest as it pivots M&A strategy
[ad_1] Sporta Techologies Pvt Ltd, which operates the sports platforms Dream Sports and Dream11, will fund potential acquisitions of $50 million to $100 million through internal accruals and could raise…
Confident that GST issues will be resolved soon, says E-Gaming Federation chief
[ad_1] The E-Gaming Federation (EGF), a self-regulatory body for the online gaming industry, is confident that issues around the recent GST changes which increased companies’ tax burden will be resolved…
Online gaming orgs issued 71 show cause notices over ₹1.12 lakh cr GST evasion
[ad_1] Online gaming companies have been issued 71 show cause notices for tax evasion in the last two financial years. The Finance Ministry said that online gaming organisations have been…
28 per cent GST rate on online gaming from October 1
[ad_1] India is set to implement a 28 per cent Goods and Service Tax on online gaming from October 1. The announcement was made by Central Bord of Indirect Taxes…