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Industry players have lamented that taxing GST on deposits rather than the technology platform commission charged by the companies will make the unit economics unviable, wiping out 80 per cent of the industry.

Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming

PM Modi said that all efforts will be made to restore peace in the northeastern state which will soon walk the path of progress.

The proposed change to the Central Goods and Services Tax Act will enable the implementation of a 28 percent GST rate for horse racing, online gaming, and casinos.

Business is in best shape ever but this 400 per cent increase in GST is a bazooka pointed at us, Hike founder Mittal said in a statement

The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament

The online gaming segment grew by 28 per cent in 2021 to reach USD 1.9 billion, as per NITI Aayog estimates

They assert that the majority of the casualties will be concentrated in MSMEs and startups that host new-age business models.

GST Council on Wednesday decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at entry level

GST Council in its meeting on Wednesday is likely to finalise the modalities for determination of supply value in online gaming

Hundreds of gamers from small towns and cities are getting together, taking to the streets, to appeal to the government for the withdrawal of the 28 per cent GST

Moreover, the employee informed the official that risk profiling of the client is being done by Sebi-Mumbai

The gross GST revenue for July rose by a meagre 2 per cent to Rs 1,65,105 crore as against Rs 1,61,497 crore collected in June

National discourse surrounding video games in the last fortnight has been centered around the government’s decision to tax all online gaming activities at 28 per cent through GST

Making sense of online games, games with elements of gambling, and fantasy sport.

On July 11, the GST Council, headed by Finance Minister Nirmala Sitharaman, had decided to levy the highest slab of 28 per cent GST on the full value of money paid by users to play skill-based games, without any differentiation between games of skill and chance.

Congress General Secretary Jairam Ramesh took a dig at Prime Minister Narendra Modi, tweeting that the Prime Minister's focus seems to be solely on favoring his selected capitalist associates.

The 28 per cent GST on full value of online gaming will substantially and meaningfully erode investor confidence in the backing of this or any other sunrise sector in the Indian tech ecosystem, the investors lamented

The GST collections till June in the current financial year was Rs 7,653.15 crore and 91 per cent of the target set for the period was achieve

CBIC is working on biometric authentication of risky entities under GST as it looks to crack down on fraudsters