Online gaming companies indulge in betting and gambling, taxable at 28% GST: Indian Government.
2 replies10 likes
mg
News & updates • 1m
AC Penetration:
🇺🇸 USA - 88%
🇨🇳 China - 62%
🇸🇦 S Arabia - 63%
🇮🇳 India - 7% Households
In a country boiling half the year, the Govt calls ACs a "Luxury" and slaps 28% GST.
1 replies8 likes
mg
News & updates • 24d
AC is Necessity in Dubai But Luxury in India
Both Cities Have Similar Heatwaves in May & June
Dubai Takes 5% VAT on AC and 0 Income Tax
India Charges 28% GST on AC For No Reason
5 replies28 likes
CA Dipika Pathak
Partner at D P S A &... • 1y
Tax and Accounting Compliance within the Online Gaming Sphere!!
How it Started in CGST ACT
➡SCHEDULE III of the CGST Act contains “Activities or Transactions which shall be treated neither as a Supply of Goods nor a Supply of Services”
#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
See More
3 replies4 likes
Rishi Chavan
Ignoramus • 3m
bas nikal gayi hawa?
CrickPe, which was the first product of Ashneer Grover’s 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
See More
0 replies6 likes
PRATHAM
•
Medial • 11m
Petrol Should Be under GST or VAT and Excise ⁉️
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
See More
0 replies8 likes
Mridul Das
Introvert! • 3m
What you say about this 😶👇
Ashneer Grover's first company Cricketpe 🏏under the Third unicorn halted!
➡️CrickPe differentiated itself in the crowded fantasy gaming market by positioning itself as a platform that would give a certain portion of the