#Basavaraj Bommai

SME Futures

Online gaming gambling no decision on extending GST compensation date

Online gaming gambling: Union Finance Minister Nirmala Sitharaman on Wednesday categorically termed online gaming "nothing but gambling". She also said on the issue of extending the Goods and Services Tax (GST) compensation from June 30, the views of some states were heard so far but nothing was decided. Addressing the media at the conclusion of…
Industry
Online gaming gambling no decision on extending GST compensation date
Punjab News Express

Online gaming gambling, no decision on extending GST compensation date: Sitharaman (Lead)

CHANDIGARH: Union Finance Minister Nirmala Sitharaman on Wednesday categorically termed online gaming "nothing but gambling". She also said on the issue of extending the Goods and Services Tax (GST) compensation from June 30, the views of some states were heard so far but nothing was decided. Addressing the media at the conclusion of the two-day…
Industry
Online gaming gambling, no decision on extending GST compensation date: Sitharaman (Lead)
Wild Casino
New Indian Express

Powerful lobby behind online gambling industry: Bommai- The New Indian Express

BENGALURU: Chief Minister Basavaraj Bommai on Monday expressed helplessness in implementing a stringent law to ban online gambling in the state, pointing out that the Karnataka High Court had initially ordered a stay and had later struck it down. "There is a lobby behind this. We had done our groundwork and made laws," he said. The CM also noted…
Industry
Hindustan Times

Karnataka high court verdict on online gambling ban likely today

The Basavaraj Bommai-led Bharatiya Janata Party (BJP)-led state government had tabled and passed The Karnataka Police (Amendment) Bill, 2021, which, among other changes, has banned "any act of risking money, or otherwise on the unknown result of an event including on a game of skill." The Karnataka High Court (HC) is likely to pronounce its verdict…
Law
Karnataka high court verdict on online gambling ban likely today
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The Hindu BusinessLine

GoM on GST for casinos, race course and online gaming reconstituted

New Delhi, February 13|Updated on:Feb 13, 2022 The Finance Ministry has reconstituted the Group of Ministers to look into GST-related matters related to casinos, race course and online gaming. However, there is no change in Terms of Reference (ToR) Now, Meghalaya CM K Sangama will be convenor, replacing Nitin Patel, who was dropped from the…
Industry
GoM on GST for casinos, race course and online gaming reconstituted
The Hindu

Online gaming, gambling banned to protect poor families: CM

Chief Minister Basavaraj Bommai on Thursday said that the State Government has enacted a strict law against online gaming and gambling with the sole objective of protecting the health and peace of mind of poor families. Speaking at the Police Commemoration Day at Old CAR Grounds in Hubballi on Thursday after paying tributes to police martyrs, he…
Industry
Legit Gambling

Online Gambling Ban In Karnataka Could Impact 500 Start Ups

Multiple states in India have proceeded to crackdown on online gambling operators in the last 18 months. The COVID-19 lockdown in India resulted in a massive spike in online gambling across India which has caused serious concerns for anti-online gambling campaigners. The South Indian state of Karnataka decided to introduce a Karnataka Police…
Covid
Online Gambling Ban In Karnataka Could Impact 500 Start Ups
Deccan Herald

Karnataka notifies law banning online gambling

Amendments to the Karnataka Police Act, which bans online gambling and betting was notified by the state government on Tuesday. The law which was passed in both the houses of Karnataka legislature in the recently concluded monsoon session, provides for a maximum imprisonment of three years and fines of upto Rs 1 lakh for violations. The law has…
Law
Karnataka notifies law banning online gambling
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BW Businessworld

Karnataka Govt Bans Online Gaming To Stop Digital Gambling Causes Uproar

Chief Minister Basavaraj Bommai said the proposal is not valid for online games that strictly comply with the "game of skills". 1630347669_u3u7wF_Untitled_design_17_.jpg Amid all the controversy and flak from the gaming industry, the Karnataka Assembly has passed an amendment to the Karnataka Police Act, 1963, which seeks to ban online gaming and…
Industry
Karnataka Govt Bans Online Gaming To Stop Digital Gambling Causes Uproar
MediaNama

Karnataka's bill banning online gambling makes industry stakeholders unhappy

The Karnataka legislative assembly's lower house on September 21 evening approved a bill banning all betting and gambling by passing the Karnataka Police (Amendment) Bill, 2021, which MediaNama obtained and summarised last week. The law drew rebukes from industry players and their associations, and legal experts cast doubt on whether the law would…
Industry
Karnataka's bill banning online gambling makes industry stakeholders unhappy
The Logical Indian

Karnataka Assembly Passes Bill Banning Online Gambling

The Karnataka Assembly on Tuesday, September 21, passed an amendment to the Karnataka Police Act, 1963, seeking a ban on online'games of chance'. The state's Chief Minister Basavaraj Bommai, however, announced that the proposed law does not prohibit online games that meet with the requirements of'game of skill' features. Home Minister Araga…
Law
Karnataka Assembly Passes Bill Banning Online Gambling
Money Control

Indian Startups Seek Clarity Over Karnataka's Online Gambling Bill

September 22, 2021 / 06:47 PM IST Indian tech startups and industry associations have expressed concerns and sought clarity over the Karnataka government's bill to ban online gambling. Rameesh Kailasam, CEO of IndiaTech.org, an industry body that represents founders of Indian startups and investors, told Moneycontrol that they have recommended to…
Sports
Indian Startups Seek Clarity Over Karnataka's Online Gambling Bill
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The Indian Express

Karnataka passes bill to crack down on all forms of gambling

The Karnataka legislative assembly on Tuesday passed a bill to amend the Karnataka Police Act, 1963 to ban all forms of gambling in the state, including online gambling. The Karnataka Police (Amendment) Bill, 2021 was introduced by Home Minister Araga Jnanendra and was passed amid the opposition's scepticism of police's capabilities in tackling new…
Law
Karnataka passes bill to crack down on all forms of gambling
Money Control

How Karnataka's Online Gambling Bill Could Impact Skill-based Gaming Startups

Karnataka's proposed amendment to ban online gambling could have major implications on Indian skill-based gaming startups, since it brings them under the ambit of the regulation by removing the distinction between game of skill and game of chance, according to industry experts. Karnataka's legislative assembly had tabled the bill on Friday to amend…
Sports
How Karnataka's Online Gambling Bill Could Impact Skill-based Gaming Startups
The News Minute

Industry bodies, trade assoc flag risks of Karnataka Bill banning online gambling

Industry and trade bodies say that the bill, tabled in the Karnataka Assembly, to ban online gaming and betting in the state also bars game of skill and will lead to loss of livelihood. A number of industry and trade bodies have appealed against a bill tabled in the Karnataka Assembly that will ban online gambling or betting in the state and…
Industry
Industry bodies, trade assoc flag risks of Karnataka Bill banning online gambling
The Hindu

Karnataka Bill banning online gaming will hurt Indian start-ups: CAIT

A file photo of video gamers at the Penny Arcade Expo, a fan-centric celebration of gaming in Seattle, US. | Photo Credit: AP Confederation of All India Traders (CAIT), which represents eight crore traders and over 40000 trade associations, said that the Karnataka Police (Amendment) Bill, 2021, tabled in the legislative Assembly to ban online…
Industry
Bangalore Mirror

karnataka: Traders miffed with online gaming ban

Confederation of All India Traders (CAIT), the powerful trade body that represents 8 crore traders and over 40000 trade associations, said that a proposed bill in the Karnataka assembly to ban online gaming will hurt the Indian startup sector, the Indian gaming and animation industry and millions of Indian gamers and e-sports players. The Karnataka…
Industry
karnataka: Traders miffed with online gaming ban
Hindustan Times

Bill banning online gambling tabled in Karnataka Assembly

The Basavaraj Bommai-led Bharatiya Janata Party (BJP) government on Friday tabled a bill to ban online gambling and betting in Karnataka with provisions of heavy penalties for offenders. The Karnataka Police (Amendment) Bill, 2021 was tabled in the lower house of the state legislature in the ongoing monsoon session. By tabling the bill, the…
Law
Bill banning online gambling tabled in Karnataka Assembly
Brand Equity

This cyber game may be a losing bet: Karnataka readies to ban online gambling

Karnataka is readying to ban online gambling, joining Kerala and Andhra Pradesh in amending the law to implement the curbs that it says are necessary to protect citizens from the risk of losing heavily in cyberspace. The move comes even as a Tamil Nadu law to this effect was struck down by the Madras High Court last month. The state has proposed a…
Covid
This cyber game may be a losing bet: Karnataka readies to ban online gambling
New Indian Express

Karnataka government to ban online gambling and betting- The New Indian Express

BENGALURU: Online gambling and betting will soon be banned in Karnataka. The Cabinet on Saturday took a decision to amend the Karnataka Police Act to bring the ban into effect. However, online lottery and betting on horse races, happening within or outside the State, can continue legally, said Law and Parliamentary Affairs Minister JC Madhuswamy…
Law
The Hindu

Karnataka to ban online gambling

The Karnataka Cabinet on Saturday decided to ban online gambling or betting by amending the Karnataka Police Act, 1963. The ban, however, would not include lottery or betting on horse races, said Law and Parliamentary Affairs Minister J.C. Madhuswamy, briefing the media on the decisions taken at a Cabinet meeting chaired by Chief Minister Basavaraj…
Law
The Shillong Times

GST Council Sets to Tackle Ambiguous Taxability Issues of Casino and Online Gaming Platforms

Navigating the complex and dynamic Indian legal, taxation and court practice landscape concerning activities like betting, gambling and lottery requires the help and expertise of top specialists. The government is taking steps to assess the situation in view of recommending regulatory changes. India's Goods and Services Tax (GST) Council has formed…
Law
GST Council Sets to Tackle Ambiguous Taxability Issues of Casino and Online Gaming Platforms
The Week

Panel of State Ministers Examines Casino and Online Gaming Services for GST Purposes

The Union's GST Council is waiting for the report on casinos, online gaming and horse racing by the new body of state ministers. In addition to valuation of services and taxation matters, the report will also look into current legislation and administration processes. Industry welcomes any steps towards regulation, while India comes out last in a…
Industry
Panel of State Ministers Examines Casino and Online Gaming Services for GST Purposes
Asgam

Indian states lining up to ban online gambling

India's southern-most state of Tamil Nadu has promulgated an ordinance to ban online gambling, including poker and rummy, in response to recent reports of citizens committing suicide due to gambling losses. As reported by Indian gaming news site GLaws, Tamil Nadu becomes the third state to ban online gambling in recent months after Andhra Pradesh…
Law
Indian states lining up to ban online gambling