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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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Lok Sabha Passes GST Bill To Tax Online Gaming, Casinos, Race Clubs At 28%
Lok Sabha today approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.
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Bill To Levy 28% GST On Online Gaming, Casinos Introduced In Lok Sabha
Finance Minister Nirmala Sitharaman today introduced bills to amend the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.
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Indian Online Gaming Firms Planning to Relocate Could Violate Laws: Official
Indian online gaming firms planning to relocate overseas to avoid a new 28 percent tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so.
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Tamil Nadu Governor Clears Online Gaming Bill Hours After MK Stalin's Assembly Offensive
Tamil Nadu Governor RN Ravi signed off on a proposed law to ban online gambling and to regulate internet games today, shortly after the MK Stalin government called him out for not clearing the bill nearly six months.
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Need Central Act Regulating Online Gaming, Gambling: Minister In Lok Sabha
Union Minister Ashwini Vaishnaw informed the Lok Sabha that nine States and UTs have passed laws on online gaming adding that there is a need for a central act to regulate it.
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Government Moots Self-Regulatory Mechanism, Mandatory Verification for Online Gaming Firms
The government on Monday proposed a self-regulatory mechanism for online gaming firms in India as part of the draft online gaming rules. The upcoming rules will also require mandatory verification of players while firms will have to provide a physical Indian address. Meanwhile, the proposed amendments envisage that an online gaming intermediary wil...
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Advocacy Group Calls for Amendments in IT Rules to Reform Online Gaming for Children
The paper mentioned how different states have interpreted laws on gaming differently causing confusion for legitimate players while unwittingly allowing illegal offshore players with no accountability in the country to operate with
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Boy's Suicide Puts Spotlight On Online Gaming, Madhya Pradesh Plans Law
The proposed law includes declaring online gaming, gambling, and betting as crimes. Websites and applications hosting addictive games will be banned.
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Law To Regulate Online Gaming In Madhya Pradesh? Minister Says "Soon"
Taking note of the rising incidents of children getting addicted to online games and taking extreme steps, Madhya Pradesh Minister Narottam Mishra has said that the state government will bring in an act to regulate gaming applications on mobile phone
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Mobile Premier League, Other Online Gaming Apps Block Access in Karnataka as Ban Takes Effect
Mobile Premier League (MPL) was among the first few gaming startups that began blocking access to users in Karnataka following a ban on online gaming.
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Goa Minister Says PUBG A "Demon In Every House", Calls For Restrictions
Goa IT Minister Rohan Khaunte said today that a law was required to keep a check on online game "Player Unknown's Battlegrounds", popularly called PUBG. He even referred to the game as a "demon in every house" and that the students were neglecting their studies because if it.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
Lok Sabha Passes GST Bill To Tax Online Gaming, Casinos, Race Clubs At 28%
Lok Sabha today approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.
-
Bill To Levy 28% GST On Online Gaming, Casinos Introduced In Lok Sabha
Finance Minister Nirmala Sitharaman today introduced bills to amend the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.
-
Indian Online Gaming Firms Planning to Relocate Could Violate Laws: Official
Indian online gaming firms planning to relocate overseas to avoid a new 28 percent tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so.
-
Tamil Nadu Governor Clears Online Gaming Bill Hours After MK Stalin's Assembly Offensive
Tamil Nadu Governor RN Ravi signed off on a proposed law to ban online gambling and to regulate internet games today, shortly after the MK Stalin government called him out for not clearing the bill nearly six months.
-
Need Central Act Regulating Online Gaming, Gambling: Minister In Lok Sabha
Union Minister Ashwini Vaishnaw informed the Lok Sabha that nine States and UTs have passed laws on online gaming adding that there is a need for a central act to regulate it.
-
Government Moots Self-Regulatory Mechanism, Mandatory Verification for Online Gaming Firms
The government on Monday proposed a self-regulatory mechanism for online gaming firms in India as part of the draft online gaming rules. The upcoming rules will also require mandatory verification of players while firms will have to provide a physical Indian address. Meanwhile, the proposed amendments envisage that an online gaming intermediary wil...
-
Advocacy Group Calls for Amendments in IT Rules to Reform Online Gaming for Children
The paper mentioned how different states have interpreted laws on gaming differently causing confusion for legitimate players while unwittingly allowing illegal offshore players with no accountability in the country to operate with
-
Boy's Suicide Puts Spotlight On Online Gaming, Madhya Pradesh Plans Law
The proposed law includes declaring online gaming, gambling, and betting as crimes. Websites and applications hosting addictive games will be banned.
-
Law To Regulate Online Gaming In Madhya Pradesh? Minister Says "Soon"
Taking note of the rising incidents of children getting addicted to online games and taking extreme steps, Madhya Pradesh Minister Narottam Mishra has said that the state government will bring in an act to regulate gaming applications on mobile phone
-
Mobile Premier League, Other Online Gaming Apps Block Access in Karnataka as Ban Takes Effect
Mobile Premier League (MPL) was among the first few gaming startups that began blocking access to users in Karnataka following a ban on online gaming.
-
Goa Minister Says PUBG A "Demon In Every House", Calls For Restrictions
Goa IT Minister Rohan Khaunte said today that a law was required to keep a check on online game "Player Unknown's Battlegrounds", popularly called PUBG. He even referred to the game as a "demon in every house" and that the students were neglecting their studies because if it.
