Discussion

• @ani @ani on x

  #WATCH | Revenue Secretary, Sanjay Malhotra says, “Betting is already liable to GST today & it does not make it legal...Betting & gambling are illegal & liable to tax. Taxing online gaming will not result in legalising online games in those states which have banned them...” [vide…

• @pib_india @pib_india on x

  Goa and Sikkim kept appealing for considerations (regarding the higher levy of 28% GST on online gaming and betting related activities ), as they are small states The Council agrees today to come back after six months to review the way it is being implemented. 6 months of... [vid…

• @manishtewari Manish Tewari on x

  All gaming is not gambling. First the Government killed the Crypto currency ecosystem by imposing a 1% TDS & 30% Tax on gains-charged as income from other sources It ensured that the crypto Eco system moved out of India & now it is hell bent on destroying the online gaming... [im…

• @adityakalra Aditya Kalra on x

  India gives partial relief on tax imposed on online gaming firms - tax on deposit now, not while playing every game, which industry said would have led to repeated taxation of same amount. Follows Tiger Global & Peak XV, others lobbying to reconsider tax https://www.reuters.com/.…

• @ani @ani on x

  #WATCH | Union Finance Minister, Nirmala Sitaraman says, “It (28% GST on online gaming & casinos) is expected to be implemented from 1st October... It is also decided that this decision will be reviewed after six months after it is implemented. When I say six months it does not..…

• @jerseyno27 Pulkit on x

  An open letter to respected @nsitharaman with a humble appeal to save the gamers from small towns who not only play games on mobile as a passion, but in many cases, also use it to earn livelihood. Please consider a relook at the GST decision on online gaming cc @nsitharamanoffc […

• @peeyushsharmaa Peeyush Sharma on x

  Obviously a big blow, but still better than taxing on the entire face value which would have finished the industry. But now you can only survive if you don't deposit at all. 28% GST on deposits, and then 30% TDS on withdrawals is not at all sustainable for any fantasy player.