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28% tax on online gaming: Central govt notifies amendments to CGST Rules, no tax adjustment on deposit refund

The central government today notified amendments to CGST Rules 2017 towards implementing the 28% tax rate for online gaming, casinos and horseracing. The rules will be effective on a date to be notified by the government which tentatively will be October 1, the proposed date of implementation of the new tax regime. As deliberated by […]
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Mahadev Book: ED takes CM Baghel’s political advisor Vinod Verma’s family members for questioning

The Enforcement Directorate (ED) been working aggressively on the busting Mahadev Book’s illegal betting operations. Working further in the matter, ED has now summoned and questioned CM Bhupesh Baghel’s political advisor Vinod Verma’s family members. Verma disclosed that his sons Punarvasu, Tathagat and brother-in-law Tukendra Verma have been summoned. Verma also said that tomorrow his […]
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Real money games to be allowed on Play Store after SRB formation as Google’s pilot plan nears end

Google Play Store’s pilot programme is set to end soon. As a result, daily fantasy sports and rummy apps under real-money gaming category will be allowed on Play Store only after formation of Self Regulatory Body (SRB). Notably, the year-long pilot program was started in September 2022. In the program, the government approved fantasy sports […]
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Raipur: ED raids Jubesta Hospital, owner’s residence for suspected links with Mahadev Book scam

On Sunday, September 3 the Enforcement Directorate (ED) raided Jubesta Hospital and its operator’s residence in Devendra Nagar, Raipur, in connection with the Mahadev Book illegal betting app scam. During the raid, several documents containing transactions, cash, and jewelry were recovered. The son and son-in-law of the hospital operator Dr. Dalla are currently being interrogated. […]
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Mahadev Book: Four arrested including ASI Verma sent to 10-day judicial remand till September 15

The second seven-day Enforcement Directorate (ED) custody of four individuals booked in the Mahadev Book illegal betting app case ended on Tuesday, September 5. Consequently, the four accused were presented in the court of Special Judge Ajay Singh Rajput and sent to judicial remand till September 15. The ED is said to have extracted useful […]
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Breaking: Supreme Court stays Karnataka HC order in Gameskraft GST matter, paves way for proceedings on 35 other gaming companies

The long awaited GST Department appeal in the GamesKraft INR 21,000 tax demand matter was heard today by a three member Supreme Court bench headed by Chief Justice. N. Venkatraman, the additional solicitor general appearing on behalf of the GST Department submitted that the single bench of the Karnataka High Court has made serious allegations […]
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Mahadev Book: ED begins process to issue Red Corner Notice against Saurabh Chandrakar, Ravi Uppal

The Enforcement Directorate (ED) has commenced the process of issuing a red corner notice against the kingpins of Mahadev Book illegal betting app, Saurabh Chandrakar and his partner Ravi Uppal. Chandrakar and Uppal, natives of Bhilai, started out as local bookies but later moved to Dubai from where they operate one of the largest betting […]
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GamesKraft GST issue: SC to hear central govt appeal tomorrow

Centre’s appeal before Supreme Court challenging Karnataka High Court’s order in Gameskraft GST matter involving a tax demand of INR 21,000 crores is up for hearing tomorrow.  As per the cause list, the issue is listed as item 15 before a three member bench headed by Chief Justice. A battery of senior lawyers including Dr. […]
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ESFI Director Lokesh Suji becomes first Indian to be elected to membership committee of IESF

The Director of Esports Federation of India (ESFI) Lokesh Suji has been elected to the membership committee of the International Esports Federation (IESF) for a three-year term. This is the first time an Indian official has become a part of the membership committee of IESF. Notably, Suji is also currently serving as the Vice-President of […]
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Krafton India announces Ranveer Singh as BGMI brand ambassador

Krafton India has upped its promotional marketing efforts by collaborating with Bollywood actor Ranveer Singh, appointing him as the brand ambassador for Battlegrounds Mobile India (BGMI). The announcement comes right after BGMI completed the three-month trial period after the unban, and received approval from the government for a permanent unban. With this partnership, the company […]
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