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# gaming

3 posts in `gaming` tag

The Impact of 28% GST on Online Gaming in India

This blog provides a comprehensive analysis of the 28% Goods and Services Tax (GST) levied on online gambling in India. It examines the impact of the high tax rate on players, the growth of the industry, tax evasion and social issues. The blog also discusses the government's rationale for the 28% GST and the potential challenges it poses for the industry.

Key Changes Applicable in ITR-4 form for AY 2024-25

This point investigates the critical changes presented in the ITR-4 shape for the Evaluation Year 2024-25. It dives into the key alterations, centering on their suggestions for citizens and the recording prepare. By looking at these changes, the rundown points to give a comprehensive understanding of the upgrades to the ITR-4 frame and their affect on charge compliance and announcing necessities.
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GST

Government Clarification Awaited: GST Implications for Online Gaming

GST authorities have issued show cause notices totaling over ₹ 1.12 lakh crore to online gaming companies for alleged tax evasion. Sitharaman clarified on December 19 that the valuation rules excluding winnings would be applied prospectively.