Online gaming companies indulge in betting and gambling, taxable at 28% GST: Indian Government.
2 replies10 likes
mg
News & updatesย โขย 16d
AC Penetration:
๐บ๐ธ USA - 88%
๐จ๐ณ China - 62%
๐ธ๐ฆ S Arabia - 63%
๐ฎ๐ณ India - 7% Households
In a country boiling half the year, the Govt calls ACs a "Luxury" and slaps 28% GST.
1 replies8 likes
CA Dipika Pathak
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
Yo, I'm a bit confused about something. I'm ordering a packaged food item, and the MRP (Maximum Retail Price) is supposed to include all taxes, right? But why is Swiggy charging me GST (Goods and Services Tax) on top of that? There's also a platform
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3 replies4 likes
Rishi Chavan
Ignoramusย โขย 2m
bas nikal gayi hawa?
CrickPe, which was the first product of Ashneer Groverโs startup Third Unicorn, has halted operations within a couple of years of its launch
Grover cited the 28% GST regime for real-money gaming and problems with the business m
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0 replies6 likes
PRATHAM
ย โขย
Medialย โขย 10m
Petrol Should Be under GST or VAT and Excise โ๏ธ
Ever wonder why filling up your tank feels like emptying your wallet? Because of high taxes
Right Now, Tax system on Petrol is more complicated than understanding how AI works. It is under VAT and Ex
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0 replies8 likes
Mridul Das
Introvert!ย โขย 2m
What you say about this ๐ถ๐
Ashneer Grover's first company Cricketpe ๐under the Third unicorn halted!
โก๏ธCrickPe differentiated itself in the crowded fantasy gaming market by positioning itself as a platform that would give a certain portion of the
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