GST – GamingXpress

September 26, 2023
GamingXpress
Games, RMG

Dream11 parent company challenges GST evasion notice in Bombay HC

After Gameskraft, Dream11 has now become the latest RMG company to receive a show cause notice from tax authorities for GST evasion. Based on various reports, this fantasy sports...

September 25, 2023
GamingXpress
Games, RMG

India’s tax authority to investigate 100 plus online gaming firms for GST evasion

Online gaming companies in India have always been on the government’s radar due to the nature of real money gaming (RMG). While the companies claim that the games are...

July 26, 2023
GamingXpress
Console, Games, Latest News, PC

Indian video game industry writes to government of India asking clarity on GST

The recent decision to apply 28 per cent Goods and Services Tax (GST) on online games by the Indian Government has sparked extensive discussions and triggered targeted PR campaigns....

July 24, 2023
GamingXpress
Esports, Games

28 per cent GST not applicable to esports, says ESFI president Vinod Tiwari

In the recently conducted 50th meet of the Goods and Service Tax (GST) Council in New Delhi, it was announced that 28 per cent GST will be levied on the full value...

July 18, 2023
GamingXpress
Games, RMG

Minister Rajeev Chandrasekhar to ask GST Council to reconsider 28 per cent tax decision on online gaming industry

Minister of state Rajeev Chandrasekhar stated at an event on Monday that the nodal ministry for regulating online gaming, the Ministry of Electronics and IT, will ask the GST...

July 12, 2023
GamingXpress
Esports, Games, Latest News, RMG

Survey suggests heavy tax imposed on online gaming discourages people from participating

An in-depth study on the impact of GST on online gamers in India has revealed that 62 per cent online gamers are discouraged by heavy tax deductions on their...

July 12, 2023
GamingXpress
Esports, Games, RMG

GST Council of India decides to levy 28 per cent tax on online gaming; industry shares its views

At its 50th meeting in New Delhi, the Goods and Services Tax (GST) Council decided to impose a 28 per cent GST on all online gaming, horse racing and...