28% GST Archives

28% GST on online real money games: 3 layoffs, 3 shutdowns, what’s next?

August 26, 2023August 29, 2023 - by Amit Yadav - Leave a Comment

The government’s decision of imposing 28% GST on online real money games has already started impacting companies in the gaming industry. Weeks after the GST council refused to reconsider their …

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Real money gaming startup Fantok halts operations after 28% GST rule

August 25, 2023August 29, 2023 - by Amit Yadav - Leave a Comment

Real money gaming app Fantok has announced a temporary suspension of its operations, becoming another casualty of the GST Council’s decision to retain 28% tax on online real-money games. Earlier …