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Mounting deaths: Heavy losses in online gambling claims another Tamil Nadu man’s life

Shankar, an engineer from Coimbatore, died by suicide left a note behind blaming losses from online gambling for his death. An engineer from Coimbatore's Singanallur died by suicide on Wednesday, after incurring heavy losses due to gambling online. Shankar (29), the deceased, took his life at a private lodge located in Ram Nagar and left a note…
Incidents
Mounting deaths: Heavy losses in online gambling claims another Tamil Nadu man’s life
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Kashmir Life

GST fail to reach a consensus on online gambling and gaming in India

A proposed blanket tax rate of 28% on goods and services could severely hamper the booming gaming and gambling sector in India. This rate hike on Goods and Services Tax (GST) would be applicable to all types of online gaming. Currently, the GST is 18%, and an increase to 28% is believed to make it unviable for many companies to conduct business in…
Law
GST fail to reach a consensus on online gambling and gaming in India
MediaNama

Restrict minors from online gambling: Petition in Madras HC

The Madurai Bench of the Madras High Court has sought the Union's response in a petition seeking to restrict minors from playing on online gambling and sports betting websites, reported Times of India. The Public Interest Litigation (PIL) was brought by Tirunelveli activist S. Ayyaa and heard by a Division Bench comprising Justices R. Mahadevan and…
Law
Restrict minors from online gambling: Petition in Madras HC
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New Indian Express

Notice on pil to ensure kids don’t use lottery apps- The New Indian Express

MADURAI: The Madurai Bench of the Madras High Court on Monday issued notice to the Union government on a Public Interest Litigation (PIL) plea filed to ensure that children do not use lottery and gambling websites and applications. The litigant, S Ayyaa of Tirunelveli, submitted that the growth of gambling websites have increased in the recent…
Gambling Sites
Business Standard

GST: GoM to finalise report on casinos, online gaming by Aug 10

The state finance ministers' panel looking to bring online gaming and casinos under GST failed to reach a consensus on Tuesday and decided to finalise its report by August 10. Officials said the Group of Ministers (GoM) held a virtual meeting on Tuesday and discussed various methods of taxation of casinos, horse racing and online gaming. The panel…
Industry
GST: GoM to finalise report on casinos, online gaming by Aug 10
Mint

GST on online gaming, casinos: Group of Ministers to finalise report by 10 Aug

The Group of Ministers (GoM) will finalise its report on taxing casinos, online gaming and horse racing by 10 August. In a virtual meeting held on Tuesday, the GoM discussed various methods of taxation of casinos, horse racing and online gaming. According to reports, the state finance ministers' panel looking to bring online gaming and casinos…
Industry
GST on online gaming, casinos: Group of Ministers to finalise report by 10 Aug
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GST: Group of Ministers to finalise report on casinos, online gaming by Aug 10

The state finance ministers' panel looking to bring online gaming and casinos under GST failed to reach a consensus on Tuesday and decided to finalise its report by August 10. Officials said the Group of Ministers (GoM) held a virtual meeting on Tuesday and discussed various methods of taxation of casinos, horse racing and online gaming. The panel…
Industry
GST: Group of Ministers to finalise report on casinos, online gaming by Aug 10
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Financial Express

GST GoM on casinos and online gaming to meet on Tuesday: UP minister

The ministerial panel on casino, race course and online gaming will meet on Tuesday to finalise its report on taxing these activities, ahead of the Goods and Services Tax (GST) Council meeting in the first week of August, Uttar Pradesh finance minister Suresh Kumar Khanna said on Friday while speaking at an industry body Ficci event here. The…
Industry
GST GoM on casinos and online gaming to meet on Tuesday: UP minister
Brand Equity

Group of Ministers may not tweak 28% GST on online gaming, casinos

The group of ministers (GoM) reviewing the goods and services tax slabs for online gaming, horse racing and casinos is unlikely to tweak the 28% rate recommended for these activities, people aware of discussions said. The GST Council has given the GoM, headed by Meghalaya chief minister Conrad Sangma, time till July 15 to review its proposals. The…
Industry
Group of Ministers may not tweak 28% GST on online gaming, casinos
5 Dariya News

Online gaming is gambling like casinos

Union Finance Minister Nirmala Sitharaman on Wednesday categorically termed online gaming "nothing but gambling".Addressing the media at the conclusion of the two-day meeting of the Goods and Services Tax (GST) Council held in Chandigarh, Sitharaman said casinos, horse-racing, and online gaming are all gambling. "Whether it is horse-racing or…
Industry
Online gaming is gambling like casinos
India Today

GST council defers 28% tax on online gaming, casinos and horse racing

The GST Council on Wednesday deferred the proposal to levy a 28 per cent tax on online gaming, casinos and horse racing. The council during the second day of its meeting in Chandigarh sent the proposal back to a Group of Ministers (GoM) on casinos, horse racing and online gaming to re-examine the issues after holding discussions with the states and…
Finance
GST council defers 28% tax on online gaming, casinos and horse racing
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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)
Daijiworld

Online gaming is gambling like casinos: Nirmala Sitharaman

Chandigarh, Jun 29 (IANS): Union Finance Minister Nirmala Sitharaman on Wednesday categorically termed online gaming "nothing but gambling". Addressing the media at the conclusion of the two-day meeting of the Goods and Services Tax (GST) Council held in Chandigarh, Sitharaman said casinos, horse-racing, and online gaming are all gambling. "Whether…
Industry
Ommcom News

Online Gaming Is Gambling Like Casinos: Nirmala Sitharaman

Chandigarh: Union Finance Minister Nirmala Sitharaman on Wednesday categorically termed online gaming "nothing but gambling". Addressing the media at the conclusion of the two-day meeting of the Goods and Services Tax (GST) Council held in Chandigarh, Sitharaman said casinos, horse-racing, and online gaming are all gambling. "Whether it is…
Industry
Online Gaming Is Gambling Like Casinos: Nirmala Sitharaman