Online gaming companies, which have been waiting for a review of the 28% tax regime, did not receive any relief from the Goods and Services Tax (GST) Council as the issue was not addressed during the Council’s meeting on Saturday (22nd June). During a press conference after the meeting,...
Pocket52.com is one of the fast-growing online poker platforms in India. They are known to offer some of the best promotions and tournaments in the country. Recently, the Central government passed a new bill and saw 28% Goods and Service Tax (GST) being implemented on online gaming, cas...
Everyone’s been a bit upset about the new taxation policies in India, which includes 28% GST on all deposits to online poker and other real-money gaming platforms in the country. Professional poker players already have unfavourable tax policies in India and now, the situation seem...
In India, millions of individuals play skill and chance games on numerous platforms, making online gaming a popular and profitable hobby. However, the taxation of online gambling in India is not straightforward, as different states have varied regulations and rates. The GST Council has ...
With 28% GST on online gaming implemented by the Central government, many poker sites issued changes on their respective platforms as to how they are adapting to the new taxation. Pocket52 is one such online poker room which issued a notification to all its players. But the online poker...
Online poker sites in India have made the necessary changes in accordance to the 28% GST (goods and services tax) levied by the Central governement on full face value of deposits. In August 2023, Union Finance Minister, Nirmala Sitharaman introduced amendments to the Central and GST bil...
The 28% GST announcement by the Indian finance ministry has sent waves of uncertainty and unrest among the entire gaming community of the country. From big companies to smaller individual players, everyone seems to be in a state of dilemma and has been expressing their concerns over the...
The gaming industry in India is flourishing like never before. And just like every other industry, the gaming industry too comes under the scope of taxes, particularly Goods and Service Tax (GST). And it is important to understand the implications of GST on the online gaming industry. T...
Be it laws or politics or technology or anything else, people love finding loopholes and a way to work the system. That’s more or less what’s been happening in India as well, with regards to online gaming and gambling companies. While we understand there’s a thin line ...
The Supreme Court on Thursday (10 December) ruled that the charge of Goods and Service Tax (GST) on lotteries, betting and gambling would be maintained, stating that doing so did not violate any constitutional requirement. The ruling bench was headed by Justice Ashok Bhushan, Justices M...
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