Saturday, September 21, 2024

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Betting-Based Online Gaming Firms Said to Face Rs. 1 Lakh Crore GST Notices

India's online gaming industry has received show-cause notices amounting to Rs. 1 lakh crore say sources. The notices come even as the industry has raised concerns on the applicable GST Rates.The government has asserted that a 28 percent...

Hike Lays Off Over One-Fifth of Workforce Due to GST Raise on Online Gaming

Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the GST hike on online gaming, a top company...

28 Percent GST Decision Will Hit Business, Say Online Gaming Firm

Online gaming companies on Tuesday said that levying of 28 percent GST will limit their ability to invest in new games, impact cash flows as well as business expansion. The GST Council has agreed to impose a 28...

Online Games Could Soon Levy Higher GST in India

The Finance Ministry is considering classifying online gaming into categories of skill and chance, and levying a differential rate of GST, an official said.Online games where winning is dependent on a certain outcome or is in the nature...

ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore

Tax officers are investigating GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022, Minister of State for Finance Pankaj Chaudhary said on Monday.In a written reply to a question in the...

Government Panel Might Not Reach Consensus on Taxing Online Gaming

A panel of state finance ministers has yet to submit its report on taxation of the booming online gaming sector that is crucial to a final decision on how the levies should be imposed, a senior government official...
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The Play Store finally lets you download multiple app updates at once

Edgar Cervantes / Android AuthorityTL;DR The Google Play Store now lets you download and install multiple app updates at...
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