Goods and Services Tax (GST) raids have allegedly unearthed tax irregularities at Bengaluru-based Gameskraft Technologies, the company which runs games such as RummyCulture and so on, reported India Ahead News. According to the TV news channel, raids were conducted at 10 properties of the company; and in the raids, several laptops and hard drives were seized by GST sleuths. MediaNama has reached out to GST Intelligence officials and Gameskraft Technologies for comments regarding the matter, and the report will be updated once they respond. There is ambiguity in the categorisation of online gaming under GST and revenue authorities have taken divergent views on the taxation of online games, according to a Financial Express report which cites research by the All India Gaming Federation (AGF). The report highlighted that the online gaming industry required regulatory certainty on valuation aspects. In 2019, MediaNama reported that the Department of Indirect Taxes was looking into how fantasy gaming companies in India calculate GST and whether the methodology they used led to revenue leakage. Gameskraft recently challenged Karnataka's online gambling law In October, multiple gaming companies such as Gameskraft, Mobile Premier League, Games24x7, and others filed petitions against a law passed by the Karnataka state government that outlaws online betting and gambling. Besides the ban, the amendment to Karnataka’s Police Act also increases the severity of punishment for people caught gambling: Inclusion of online gaming: The Police Act amendment expands the definition of “gaming” to include online games and games that use “electronic means and virtual currency,…
- After CIC’s Decision, NIXI Resumes Publishing Dispute Resolution Decisions December 1, 2022
- The Delhi High Court ordered a sexually-explicit video to be taken off the internet December 1, 2022
- What India’s IT Minister has to say about the concerns around the new data protection bill December 1, 2022
- Tamil Nadu pushes for Aadhaar-EB card linking despite data risks December 1, 2022
- Info on Online Gambling Law’s Report & Consultation Can’t Be Provided: Tamil Nadu Govt December 1, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...