Neela Films, the producer of television show ‘Taarak Mehta Ka Ooltah Chashmah’ (TMKOC), is foraying into gaming, animation, and e-commerce with its new venture Neela Mediatech Pvt. Ltd. The company has infused Rs 24 crore along with the rights to the IP, TMKOC. With this, the company aims to diversify and extend the show’s IP. […]
The post Makers of Taarak Mehta Ka Ooltah Chashmah foray into gaming, animation, e-commerce appeared first on G2G News.
All Posts by admin
When it comes to seeking an unparalleled casino experience in the vibrant state of Goa, one name stands out as the epitome of luxury, excitement, and entertainment: Big Daddy Casino. Nestled amidst the pristine waters of the Mandovi River, this establishment has earned its reputation as the best casino in Goa. 1. World-Class Entertainment: Big […]
The post Big Daddy Casino – The Undisputed Best Casino in Goa appeared first on G2G News.
Gaming News
Exclusive: Dream11 challenges GST Law provisions before Bombay HC after Rs1221 crores notice
Unicorn fantasy gaming operator Dream11 challenged the validity of certain provisions of GST Law before the Bombay High Court after it received a tax notice of Rs 1221 crores for the financial years 2017-18 and 2018-19. While proceedings against GamesKraft for Rs 21,000 crore tax dues were initiated by DGGI which is under the central […]
The post Exclusive: Dream11 challenges GST Law provisions before Bombay HC after Rs1221 crores notice appeared first on G2G News.
Latest GST notices to real money gaming firms are now making noise among the industry stakeholders. One after another, the RMG industry is being bombarded with problems. Founder of online fantasy gaming platforms CrickPe, Ashneer Grover also shared his views and disappointment on the matter. Taking his views on ‘X’, Grover questioned the thorough process […]
The post Ashneer Grover slams GST Dept over ‘retrospective’ tax notice to RMG Cos appeared first on G2G News.
Gaming News
MeitY may shun idea of self-regulation if SRBs are dominated by major online gaming firms
The Ministry of Information and Technology (MeitY) may consider dissolving its plan to establish self-regulatory bodies (SRBs) to oversee the online gaming sector if major companies gain influential positions within them, resulting in lack of independent decision-making. Reports suggest that in such a case the government itself will certify permissible games. As of now, a […]
The post MeitY may shun idea of self-regulation if SRBs are dominated by major online gaming firms appeared first on G2G News.
The 52nd GST council meet is scheduled to be held on 7th October 2023 at the Vigyan Bhawan in New Delhi. The council is expected to discuss the implementation of 28% GST on online gaming, casinos and horse racing. As of now, only a few states have passed the new GST amendments. Three states including […]
The post Report: 52nd GST council meeting to be held on October 7 appeared first on G2G News.
Directorate General of GST Intelligence (DGGI) sent notices to three real-money gaming companies for GST dues. With these notices, the amount for alleged tax evasion has crossed the Rs 50,000 crore-mark. As of now the three notices are handed to Play Games24x7 for Rs 20,000 crore, Head Digital Works for Rs 5,000 crore and Dream […]
The post GST intelligence’s tax demand from RMG Cos breaches Rs 50,000 crore-mark appeared first on G2G News.
Dream Sports, the parent company of online fantasy gaming platform Dream 11, has reportedly approached the Bombay High Court, filing a writ petition against the tax notice served by the GST authorities for alleged tax evasion. As per Inc42 and Moneycontrol, the tax amount demanded is estimated to be around Rs 40,000 crore which is […]
The post Dream Sports files writ petition in Bombay High Court challenging GST notice appeared first on G2G News.
Gaming News
Slew of GST notices worry Centre about sustainability of online real money gaming industry
With the number of GST show cause notices being issued to online real money gaming firms, some officials in the Finance Ministry are now concerned about the sustainability of the real money gaming industry itself as the quantum of amounts is very large. The officials believe a “considerate view” is required so that the industry […]
The post Slew of GST notices worry Centre about sustainability of online real money gaming industry appeared first on G2G News.
The Directorate General of GST Intelligence (DGGI) is now planning to investigate 100 more online gaming firms for possible GST evasion. The decision comes in light of the Supreme Court’s order to stay the Karnataka High Court’s judgement in the Gameskraft case. “There are over 100 companies registered domestically with online gaming federations. We will […]
The post DGGI set to investigate 100 more online gaming firms for possible GST evasion appeared first on G2G News.