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gst: Roll of dice: Shake-up ahead in the online gaming industry if 28% GST sees the light of day

Synopsis Several online gaming startup owners have said that the exorbitant 28% GST could force them to shut shop. ET Prime analysed 100 companies, their financials, and funding position to …

Indian Games Industry Calls for Distinction From Real Money Games in Letter to PMO Over ‘Online Games’ Tax

by Maya Ortiz

Earlier this month, the Goods and Services Tax (GST) council implemented a 28 percent tax on online gaming, casinos, and horse racing. Finance Minister Nirmala Sitharama, on July 11, announced …