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GST Council retains 28% tax on online real-money games

Latest / Startup / Technology

GST Council retains 28% tax on online real-money games

August 3, 2023August 3, 2023 - by Amit Yadav - Leave a Comment

The Goods & Services Tax (GST) council has decided that the GST rates on online games will remain unchanged at 28%, Finance Minister Nirmala Sitharaman said in a press briefing. …

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GST on online skill games: Peak XV, Tiger Global and other VCs seek Narendra Modi’s intervention

Latest / Startup / Technology

GST on online skill games: Peak XV, Tiger Global and other VCs seek Narendra Modi’s intervention

July 22, 2023July 24, 2023 - by Amit Yadav - Leave a Comment

As many as 30 investors, including Peak XV Partners, Kalaari Capital, Tiger Global, and Alpha Wave, have written to the Indian Prime Minister Narendra Modi seeking a review of the …

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GST officials visit offices of upGrad, company says ‘routine survey’

Latest / Startup / Technology

GST officials visit offices of upGrad, company says ‘routine survey’

July 20, 2023July 24, 2023 - by Amit Yadav - Leave a Comment

Goods and services tax (GST) department officials have visited the premises of edtech company upGrad, people aware of the development told Entrackr. Confirming the development to Entrackr, upGrad’s legal head …

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Nazara, Winzo, and others write to govt to protest 28% GST on ‘online skill gaming’

Latest / Startup / Technology

Nazara, Winzo, and others write to govt to protest 28% GST on ‘online skill gaming’

July 16, 2023July 24, 2023 - by Amit Yadav - Leave a Comment

More than 100 Indian entrepreneurs, CEOs, and industry bodies involved in real-money gaming have written to the Indian government, seeking reconsideration of the decision to impose 28% GST (goods and …

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