Partner at D P S A &...ย โขย 1y
Tax and Accounting Compliance within the Online Gaming Sphere!! How it Started in CGST ACT โกSCHEDULE III of the CGST Act contains โActivities or Transactions which shall be treated neither as a Supply of Goods nor a Supply of Servicesโ #Old Para 6 of SCHEDULE III =Actionable claims, other than lottery, betting and gambling #New Para 6 of SCHEDULE III=Actionable claims others than except Specified Actionable Claim โกThis means Specified Actionable Claim will comes under perview of GST Examples of Actionable claim-(1) betting (ii) casinos (iii) gambling (iv) horse racing (v) lottery or (vi) online money gaming โกThis way all Gaming Industries were entered in preview of GST โก Now thereis no game of skill for online gaming industries ie no benfit of 18% #CA #DPSA #Online Gaming #Finance #Startups #Taxation
Partner at D P S A &...ย โขย 1y
Continue-Tax and Accounting Compliance within the Online Gaming Sphere!! Value of supply of online gaming including online money gaming Value =Total paid or payable to or deposited with the supplier by way of money or money's worth, including virtu
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Hey I am on Medialย โขย 10m
Start an Online Gaming Center Starting an online gaming center has been yet another flourishing and profitable business that a person below the age of 21 can successfully launch. Gamers all over the world visit gaming websites to register and play v
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Googleย โขย 1y
Scientists find link between ADHD and gaming disorder in college students A study of university students in Lebanon found that 35.7% of those suffering from gaming disorder also suffer from attention-deficit/hyperactivity disorder (ADHD). Found thi
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SucSEED Venturesย โขย 7m
Between 2022 and 2024, the Indian government banned 1,298 online gaming platforms due to concerns regarding addiction, financial hazards, and non-payment of taxes. The Ministry of Electronics and Information Technology (MeitY) imposed stricter contro
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As now a days the gaming industry become very vast . And am also a game who spent a lot of time in gaming but earn nothing . So i thinking of creating an application or website where player can register for the tournament of multiple online games lik
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