Back

mg

News & updatesย โ€ขย 17h

Online gaming companies indulge in betting and gambling, taxable at 28% GST: Indian Government.

1 replies10 likes
Replies (1)

More like this

Recommendations from Medial

mg

News & updatesย โ€ขย 1m

Indian government block 357 illegal online gaming website, attches 2400 bank accounts

0 replies9 likes
Image Description
Image Description

CA Dipika Pathak

Partner at D P S A &...ย โ€ขย 1y

Tax and Accounting Compliance within the Online Gaming Sphere!! How it Started in CGST ACT โžกSCHEDULE III of the CGST Act contains โ€œActivities or Transactions which shall be treated neither as a Supply of Goods nor a Supply of Servicesโ€ #Old Para 6

See More
4 replies10 likes
2
Image Description

Jaswanth Jegan

Founder-Hexpertify.c...ย โ€ขย 10m

Any Idea on why online gambling has 28% GST? Those sectors are being killed in the name of taxes.Would You do a startup in such sectors with higher taxes?

9 replies3 likes
Image Description
Image Description

Navneet Kumar

Trying to be bestย โ€ขย 5m

What you think, what are the bottleneck problem in Indian Gaming industry??(excluding betting games)

6 replies9 likes

Anirudh Gupta

CA Aspirant|Content ...ย โ€ขย 9m

Iam pretty much concerned about Indian gaming industry Well apart from this fuss I don't understand one thing... What does online gaming mean to the government?? Is it just only about money games,casinos,card games, betting apps...that's it?? The

See More
0 replies6 likes

Vamshi Yadav

ย โ€ขย 

SucSEED Venturesย โ€ขย 1m

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

See More
0 replies4 likes
Anonymous
Image Description
Image Description

These are the kinds of articles that go one step ahead and Seal in the Indian users subconsciously, by calling mycircle 11 And winzo as gaming. If thatโ€™s gaming then Idk what you call gambling.

2 replies7 likes

Vishu Bheda

Transforming vision ...ย โ€ขย 11m

What if there was 0% GST in India?๐Ÿค” But first, what is GST?๐Ÿ˜ถ It was introduced in 2017. It replaced taxes and aimed at creating a single national market. GST rates vary from 0% to 28%, depending on the product or service.

0 replies4 likes
1
Image Description
Image Description

Aditya Sahu

Big thinking always ...ย โ€ขย 3m

carbonated drinks pe gst hai 40% 28% gst and 12% cess and isme 28% ko 35% karne ka soch rhi hai government mai ek startup start karne ka soch raha tha drinks me jo ye tha ki mai mocktail ki 20 rs ki bottle per consumers ko dena ka soch raha tha lekin

See More
5 replies3 likes
Image Description
Image Description

Vrishank Raj

VC enthuย โ€ขย 11m

Increase in Gambling and betting among college students? I hope you guys have noticed that how college students have started indulging into a new thing which is known as "casual gambling". College students have started gambling on a platform known

See More
22 replies37 likes
3

Download the medial app to read full posts, comements and news.