Thursday, Sep 28, 2023

Group Of Ministers


Online Gaming Industry Could Suffer If GST Hiked To 28%, Warns Trade Body

In a joint report, industry body ASSOCHAM and professional services company Earnest & Young (EY) have warned that the online gaming industry could suffer if the GST rate is increased to 28 per cent

26 August 2022

India's online gaming industry has been equated with casinos and horse racing by Group of Ministers.

Doomsday? 28% GST On Online Games 'Extra Burden' On Users And Platforms, 'Not In Line With Global Standards'

The online gaming industry is regarded as a sunshine sector but it has also ruined families due to the propensity of many to gamble away life's savings.

19 May 2022

Goods and Services Tax

Group Of Ministers Yet To Take A View On GST Rate Rationalisation

The Group of Ministers (GoM) will deliberate and finalize recommendations which will be sent to the GST Council, headed by Finance Minister Nirmala Sitharaman and comprising state finance ministers.

19 April 2022

Ministers' panel on GST Appellate Tribunal may give recommendations within a month: Revenue secretary

The GST Council had last week decided to constitute a Group of Ministers (GoM) to address various concerns raised by the states in relation to the constitution of the Goods and Services Tax Appellate Tribunal (GSTAT)

04 July 2022

The online gaming industry is on tenterhooks as GoM mulls 28% GST tax slab for operators.

GST Slab On Online Gaming To Be Decided Today, Will It Be Doomsday For Fast-Rising Industry?

The GoM is mulling 28 per cent GST on gross revenue of online gaming platforms who currently pay 18 per cent of net income.

18 May 2022

The Group of Ministers has reportedly proposed a 28% GST on online gaming. The industry may face fresh challenges.

GST In Online Gaming - Explained

Pay-to-play online skill games are operationally different from lottery betting and gambling and GST levied may face constitutional challenges in the eye of law.

22 May 2022



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