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₹1.5 Lakh Cr GST Claims, Will Real Money Gaming Go Crypto Way?

₹1.5 Lakh Cr GST Claims, Will Real Money Gaming Go Crypto Way?

BusinessToday.In
BusinessToday.In
  • New Delhi ,
  • Sep 28, 2023,
  • Updated Sep 28, 2023, 11:45 AM IST

The online gaming sector could soon follow crypto into bankruptcy. The Director General of GST Intelligence may issue 1.5 trillion rupees worth of tax demands to online gaming companies for allegedly underpaying taxes for several years. Notices have been issued to 3 companies and the others are now in a wait-and-watch mode and are looking at legal options such as filing writ petitions in courts.

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