ONLINE-GAMING-GST

Gaming

RMG industry set to shell out Rs 30 crore in four days for SC GST battle

An elite lineup of legal heavyweights will be representing the gaming firms— Senior counsels Harish Salve, Dr. Abhishek Manu Singhvi, Mukul Rohatgi, C. Aryama Sundaram, Sajan Poovayya, Vikram Nankani, Arvind Datar, and more.

How it Works

Game over for profits? Industry unplugs concerns over GST

With the GST casting a shadow, the online gaming industry faces a tough choice: adapt and evolve their business models, or face a potential game over.

Brand Makers

India's booming online gaming industry faces challenges in transition to 28 percent GST bracket

While the government’s efforts to regulate and tax the sector are understandable from a revenue generation and user protection standpoint, it’s crucial to ensure that these measures do not stifle the industry’s potential.

How it Works

The silver lining of 28 percent GST on gaming: crackdown on offshore betting firms

The government has mandated these entities to officially register within the country, ensuring transparency and adherence to the higher GST levy.

Quantum Brief

Gaming influencers - How would 28 percent GST affect marketing spends on influencers?

Starting October 1, a 28 percent GST will be imposed on the face value of both games of skill and games of chance. Storyboard18 connected with an influencer and industry experts to understand the impact of the levy on brands’ marketing spends on influencers and therefore, the influencer economy.

How it Works

GST Council decision on online gaming: Industry voices concerns and hopes for future review

While re-strategising business models might be an option for the larger players, for the smaller online gaming enterprises, the weight of taxation could prove to be insurmountable as per stakeholders.

How it Works

GST of 28% on online gaming would put survival of sector in doubt

Stakeholders in the online gaming ventures fear that 28% GST on revenue can make businesses unsustainable and drive away users from legitimate platforms.

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