New Delhi [India], November 7: Let's Game Now is an online gaming portal started by a group of regular gamers who decided to conduct online tournaments for other gamers like them. The portal hosts free and paid regular online tournaments for Valorant (solo and squad), Call of Duty Mobile (Sq
Uttar Pradesh's Finance and Parliamentary Affairs Minister Suresh Khanna has been named the convenor for the Group of Ministers (GoM) constituted by the GST Council to revise the tax rates on goods and services
Nagpur Crime Branch recovered Rs 70 lakh cash and 2 kg gold biscuits in the raid conducted in Gondia in the online gaming case on Friday and apprehended two persons in connection with the same, police said.
The Central Board of Direct Taxes (CBDT) has collected more than Rs 700 crore as Tax Deduction at Source (TDS) this financial year after a new TDS regime was brought in for online gaming and trade in cryptocurrency, said the tax body's chairman Nitin Gupta
Ahead of the 52nd Goods and Services Tax (GST) Council meeting on Saturday, Delhi Finance Minister Atishi criticised the Centre over the imposition of 28 per cent tax on online gaming industry, adding that the Coucil should consider withdrawing the tax evasion notices on companies in the
It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the financial year 2023-24. Notably, in April, the gross GST collection was at an all-time high of Rs 187,035 crore.
The central government has notified the amendments in GST legislation passed by the Lok Sabha in August so as to impose a 28 per cent tax on online gaming, casinos, and horse racing. The amendments will come into effect as was earlier announced -- from October 1.
CBIC Chairman Sanjay Agarwal said, “We are ready to implement 28 per cent GST rate on online gaming from October 1 with the consent of all the states. The law for the GST rate on online gaming will have to be passed by the assembly of states. Show cause notices to some online gaming companie
Union Finance Minister Nirmala Sitharaman said on Wednesday that the 51st GST Council meeting 28 per cent GST on online gaming and casinos is expected to be implemented from October 1.