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India Raises GST on Real Money Gaming and Betting to 40%: Impact on the Gaming Industry

India's GST Council increases tax on real money gaming, casinos, lotteries, race clubs, and betting from 28% to 40%, positioning these alongside sin goods. Meanwhile, tax on household games is reduced to 5%. This move follows the PROGA 2025 law banning real-money online gaming and spells challenges ... India's GST Council increases tax on real money gaming, casinos, lotteries, race clubs, and betting from 28% to 40%, positioning these alongside sin goods. Meanwhile, tax on household games is reduced to 5%. This move follows the PROGA 2025 law banning real-money online gaming and spells challenges for the gaming sector amid legal battles and uncertain tax implementations.This tax update follows closely after Parliament enacted the Promotion and Regulation of Online Gaming Act 2025 (PROGA), which bans real-money online gaming nationwide due to concerns over fraud, money laundering, and illegal financing. The law exempts esports and casual games that don’t involve betting.The Supreme Court is also reviewing a separate dispute involving back taxes potentially amounting to INR 2.5 lakh crore (around $30 billion), with companies like Gameskraft and Delta Corp involved.The Council reached this decision during its 56th meeting in New Delhi. The elevated tax rate positions these gaming and betting services alongside other “sin goods,” such as alcohol, tobacco, and pan masala, reflecting the government’s stance that these activities can negatively affect society.

ITR Filing: Online gaming income? Here's how to report income tax returns for FY25 | Mint

The Lok Sabha passed the ‘Promotion and Regulation of Online Gaming Bill 2025’, banning online money games. For FY25, online gaming income is taxed at 30% under Sections 115BBJ and 194BA. ITR filing: As the government moves to ban online money-based games in India, with both houses of the parliament passing the ‘Promotion and Regulation of Online Gaming Bill 2025’, any income or loss generated from such games in FY25 must be adjusted while filing income tax returns.Nonetheless, some earnings are consistently taxed under this category, such as winnings from lotteries, gifts, and interest on enhanced compensation, according to the Central Board for Direct Taxation(CBDT). Also Read | New bill to regulate online gaming tabled in Lok Sabha · ‘The Promotion and Regulation of Online Gaming Bill, 2025’ seeks to tighten online gaming regulations by banning the operation, facilitation, and advertising of online money games.Tax law mandates that all online gaming winnings are taxable at a flat rate of 30% under Section 115BBJ, with TDS deducted at the same rate under Section 194BA of the Income Tax Act, 1961,” according to CA Shefali Mundra, tax expert at Clear Tax.Disclaimer: This article is for informational purposes only and does not constitute legal or tax advice. Taxpayers are advised to consult a qualified tax professional or refer to the official website of the Income Tax Department for accurate and up-to-date guidance before filing their returns.

New Video Game Tax in Mexico: What Does It Consist of and Which Will Have the Extra 8%?

Does anyone want to think about Grand Theft Auto? Bad news for all Mexican gamers: the 2026 Economic Package of the Ministry of Finance contemplates a special tax for video games. In the economic proposal — delivered on Monday, September 8 in the Chamber of Deputies — it explains that this ... Does anyone want to think about Grand Theft Auto? Bad news for all Mexican gamers: the 2026 Economic Package of the Ministry of Finance contemplates a special tax for video games. In the economic proposal — delivered on Monday, September 8 in the Chamber of Deputies — it explains that this additional charge to the price of video games is part of the modifications to the Special Production and Services Tax (IEPS).The Ministry of Finance and Public Credit (SHCP) plans to increase the Special Tax on Production and Services (IEPS) on cigars and soft drinks, as well as a new tax on violent video games to discourage their consumption.Mexico City.- As part of the 2026 Economic Package, the president of Mexico, Claudia Sheinbaum, proposes to apply a special tax on video games with violent content consisting of 8%. According to the Ministry of Finance and Public Credit (SHCP), the “healthy tax” has the aim of discouraging the consumption of goods that contribute to the deterioration of the physical and mental health of the inhabitants.Summary by El FinancieroDoes anyone want to think about Grand Theft Auto? Bad news for all Mexican gamers: the 2026 Economic Package of the Ministry of Finance contemplates a special tax for video games.

Ban On Real-Money Games: Don’t Ignore The Taxman If You’ve Won Before - Outlook Money

Winnings taxed at 31.2 per cent flat rate, with surcharge on Rs 50 lakh+ income. Misreporting can trigger penalties up to 200 per cent under Section 270A. Report winnings under “Other Sources” and maintain full transaction records. The Promotion and Regulation of Online Gaming Bill, 2025, signals a decisive shift in India’s digital gaming space. The law places a blanket ban on real-money games ... Winnings taxed at 31.2 per cent flat rate, with surcharge on Rs 50 lakh+ income. Misreporting can trigger penalties up to 200 per cent under Section 270A. Report winnings under “Other Sources” and maintain full transaction records. The Promotion and Regulation of Online Gaming Bill, 2025, signals a decisive shift in India’s digital gaming space. The law places a blanket ban on real-money games such as fantasy sports, rummy, and poker.All winnings must be reported under “Income from Other Sources” in your ITR. The prevailing tax rate applies, irrespective of your income slab, along with surcharge and cessSuch income is usually taxed at a flat rate of 30 per cent, increased by an additional four per cent towards health and education cess, making the effective rate 31.2 per cent. “If the prize money runs into very high amounts, the tax outgo doesn’t stop at the flat rate.As with any other income, there are penalties for underreporting or misreporting. You may receive an income tax notice and face penalties of 50 per cent for under-reporting or up to 200 per cent for misreporting income under Section 270A of the Income Tax Act.

Mexico’s New Tax on Violent Video Games: What It Means - The Yucatan Times

As part of its 2026 Economic Package, the Mexican government has proposed a new tax targeting violent video games, sparking debate across the gaming industry and among consumers. The initiative introduces an 8% ad valorem tax on digital services related to games classified as violent or adult-only, ... As part of its 2026 Economic Package, the Mexican government has proposed a new tax targeting violent video games, sparking debate across the gaming industry and among consumers. The initiative introduces an 8% ad valorem tax on digital services related to games classified as violent or adult-only, including physical and digital sales, online downloads, memberships,The initiative introduces an 8% ad valorem tax on digital services related to games classified as violent or adult-only, including physical and digital sales, online downloads, memberships, and in-game purchases.The tax applies specifically to titles rated “C” and “D” under Mexico’s content classification system—games deemed suitable only for adults due to intense violence, explicit content, or gambling features.Government officials argue the measure is part of a broader “healthy taxes” strategy, aimed at reducing exposure to content linked to aggression, anxiety, and social isolation among youth. The revenue generated will contribute to a national health fund addressing issues tied to digital addiction, tobacco, and sugary drinks. Critics, however, warn of unintended consequences. Analysts estimate that prices for affected games could rise by up to 24% when combined with existing VAT, potentially limiting access for lower-income and younger consumers.

GST council hikes tax on online real money gaming and betting to 40% from 28% - The Economic Times

The GST Council raised tax on online real money gaming from 28% to 40%, classifying it as a ‘sin good’ alongside casinos and betting. Household games saw a GST cut to 5%. This follows Parliament’s ban on online real money gaming to curb fraud, money laundering,, terror financing other ... The GST Council raised tax on online real money gaming from 28% to 40%, classifying it as a ‘sin good’ alongside casinos and betting. Household games saw a GST cut to 5%. This follows Parliament’s ban on online real money gaming to curb fraud, money laundering,, terror financing other such activities it claimed to be happening due to these platforms.The Council also made important definitional changes, officially classifying betting, gambling, horse racing, lottery, casinos, and online money gaming as “goods” under GST law. This aligns them with other demerit goods already taxed heavily due to their perceived social harm. In contrast, the Council chose a lighter approach for household and recreational games.The GST rate on playing cards, chess boards, carrom boards, and board games has been reduced from 12% to 5%. This reflects a policy decision to treat casual social gaming differently from money-based online games. The tax hike follows another major blow suffered by the industry just weeks earlier.At its 56th meeting in the capital on Wednesday, the Goods and Services Tax (GST) Council approved a sharp increase in tax rates on online real money gaming (RMG), according to a press release by the Press Information Bureau. The rate has been raised from 28% to 40%, with input tax credit allowed.

Tax Heaven 3000

If TurboTax is Dark UI, TH3K is Pink UI, the nightcore of tax software. Videogames are, at the end of the day, pieces of software–ontologically akin to Microsoft Word. All of TurboTax’s cutesy loading animations are fake graphics; TH3K simply makes the fiction the point. For some reason the game... If TurboTax is Dark UI, TH3K is Pink UI, the nightcore of tax software. Videogames are, at the end of the day, pieces of software–ontologically akin to Microsoft Word. All of TurboTax’s cutesy loading animations are fake graphics; TH3K simply makes the fiction the point. For some reason the game-to-real-life interface has tended to remain in the purview of corporate metaverse fictions.Come on, let’s get started! I can already tell I’m going to like you ♥ And remember, if you die in the game you die in real life if you file your taxes in the game, you file your taxes in real life.Go on dates! Find Love! Prepare your 2022 federal tax return!But be careful! We’re not alone. Corporate tax filing services like TurboTax are (by dint of extensive lobbying) predatory, parasitic bottlenecks that deliberately complicate the tax filing process in order to make it unnavigable by ordinary people.

Trump’s Tariffs Set to Hit Ireland, Where Drugmakers Play Tax Games - The New York Times

For decades, the free flow of medicines across borders “had the side effect of more or less providing manufacturers free rein to play tax games,” said Brad Setser, an economist at the Council on Foreign Relations. Manufacturing in Ireland has long helped many American drug companies pay lower taxes. But that strategy was designed for a world without President Trump’s tariffs.Manufacturing blockbuster medications there offers tax benefits for American drug companies. But the appeal of Ireland for the industry goes deeper: Drugmakers have long shifted their patents and profits there, as well, to avoid billions of dollars in taxes.Drug companies could devise creative ways to limit the damage. They will be better positioned to weather the tariffs if they have “sophisticated tax skills,” Wall Street analysts at the investment bank Leerink wrote to investors in July.In the past three years, some of the largest drugmakers booked 91 percent of their profits overseas, on average, up from 76 percent in the mid-2010s, according to an analysis by Martin Sullivan, a tax economist who writes for the trade publication Tax Notes.

Tax Game

The Tax Game simulation requires a student to set tax rates for an income tax, a property tax, a wealth tax, a payroll tax, a corporate income tax, a sales tax,and an excise tax. The student can choose any rates he or she wishes, but must achieve a given revenue target. The link between a set of taxes and income distribution is an important, but difficult, concept taught in economics principles courses. The Tax Game simulation requires a student to set tax rates for an income tax, a property tax, a wealth tax, a payroll tax, a corporate income tax, a sales tax,and an excise tax.The link between taxes rates and income distribution, or tax incidence, is an important concept in economics principles courses. The Tax Game simulation requires a student to set tax rates for a mythical economy, including the: income tax, property tax,wealth tax, payroll tax, corporate income tax,sales tax,and excise taxes.After the rates are selected, the simulation calculates the Gini coefficient for the student's tax system and the student can readjust taxes to achieve a more desirable outcome. The simulation is most appropriate for economics principles courses. The Tax Game was developed by Mark Maier at Glendale Community College (CA).The simulation is available on the web at The Tax Game. It can be used as an interactive lecture demonstration.

Interactive Game: Stairway to Tax Heaven - ICIJ

Welcome to the secret world of offshore. Your goal is to navigate this parallel universe and hide your cash away. Don’t get caught!

Understanding Taxes - Activities

Tax theory goes interactive! Reinforce your classroom instruction (or just have a little fun!) by choosing from the more than 75 interactive activities featured in the Whys of Taxes · Theme 1: Your Role as a Taxpayer

Income tax games | TPT

Browse income tax games resources on Teachers Pay Teachers, a marketplace trusted by millions of teachers for original educational resources. income works between brackets. Key included. This small worksheet is part of a unit on taxes, budgeting, and is preparation for a financial simulation project called · Game of Life - check them out at my store!game board, a word bank for students, and a terms/definitions page for the teacher. There is both a PDF and a Word doc so you can edit to fit your classroom needs. Here is a list of the terms included: EconomyTraditional EconomyCommand EconomyMarket EconomyMixed EconomyGoodsServicesSupplyDemandProducersConsumersScarcitySales TaxProperty TaxPayroll TaxIncome TaxCost-Benefit AnalysisOpportunity CostGrosstax deductions - setting a budget - paying for a home - paying for a car - saving and investing towards retirement - and a handful of other finance related topics I hope you and your studeincome. Fill-in-the-blank notes work well for slow writers and a graphical organizer helps students understand how taxable

A Fair Share: A simulation game for 7-14 year olds exploring tax - Oxfam Policy & Practice

Why should we pay tax? Do we all pay our fair share? And how should we pay for the things we all need to lead healthy, happy and safe lives? Through playing this simulation game, learners will discuss and draw their own conclusions about whether everyone pays their fair share, as well as reflect ... Why should we pay tax? Do we all pay our fair share? And how should we pay for the things we all need to lead healthy, happy and safe lives? Through playing this simulation game, learners will discuss and draw their own conclusions about whether everyone pays their fair share, as well as reflect on […]Why should we pay tax? Do we all pay our fair share? And how should we pay for the things we all need to lead healthy, happy and safe lives? Through playing this simulation game, learners will discuss and draw their own conclusions about whether everyone pays their fair share, as well as reflect on how things might be made fairer.Learners aged 7-14 will start to increase their awareness of what tax is, how the money is spent, and our shared responsibility for public services. Download the game instructions, accompanying teaching activities and some background information about Oxfam’s inequality campaign.This case study offers a compelling story of how-long term influencing and political will by government helped widen Uganda’s tax base and raise vital additional finance for poverty-busting public spending on the social sector.

Online Money Games To Face 40% GST Rate From Sept 22

Online money games will face a 40% tax from Sept 22. Find out what it means for those who are already under fire from the Online Gaming Bill. There is precedent of courts siding with gaming companies when faced with tax notices or even outright bans, like the Karnataka High Court’s (HC) ruling in favour of GamesKraft or the Madras HC’s decision to overturn Tamil Nadu’s ban on skill-based games.However, the GST rate for other online games remained at 18%. Notably, certain stakeholders met the 28% mandate with criticism. And even after this hike, the Government continued to crack down on alleged tax evasion in the online gaming sector. This included sending a Rs.For context, the GST council has first decided to increase the tax rate on games that involved placing bets or wagers to 28% in 2023.The Centre had claimed that by offering online games for wagers, GamesKraft was effectively providing online gambling as a service and should be taxed as such.

Teaching Taxes with Games: MobLab Online Assignments - MobLab Blog

MobLab's new Online Assignment contains a sequence of games to teach students about taxes, plus follow-up surveys to discuss the results. Try it today! MobLab activities are an effective way to explore these questions. Now, we are excited to share with you the ready-made Online Assignment on Taxes. This new Online Assignment contains a sequence of multiple tax games and activities for your students to complete at their own pace.These include video instructions for the competitive market game, the game itself with a tax on sellers, and follow-up surveys to discuss game results and reflect on their decisions. Players will experience what happens when a tax is imposed on the seller.They'll learn that regardless of who is nominally paying the tax, the burden is shared by both parties and supply and demand will reach the same result either way, according to the laws of elasticity rather than the laws of congress. Seller Game Screen with Seller’s Tax/Unit of $0.32 Our Taxes Online Assignment includes a brief refresher on the Competitive Market Game with no tax.This is followed by a short debrief survey which guides the student into a Market with a Tax on Sellers. Following the second game, students view some sample results and are debriefed on their experience within the game as it pertains to market outcomes.

Understanding Taxes - Simulations

You've heard of reality TV. Now it's reality taxes! Apply what you've learned by putting yourself in the shoes of 20 different taxpayers while you explore the ins and outs of filing tax returns electronically

The Tax Game

You are happy with the impact of your taxes on the distribution of income. The first tax you will determine is the income tax. Your goal is collect between $4000 and $4800 billion. Once you have collected an appropriate amount of taxes, you will be able to see the impact of your taxes on the ... About Tax Game · You will set the following federal, state, and local taxes. Income Tax · Payroll Tax · Sales Tax · Property Tax · Corporate Income Tax · Excise Tax · Wealth Tax · You collect a sufficient amount of tax revenue, but not too much. You are happy with the impact of your taxes on the distribution of income.You are happy with the impact of your taxes on the distribution of income. The first tax you will determine is the income tax. Your goal is collect between $4000 and $4800 billion. Once you have collected an appropriate amount of taxes, you will be able to see the impact of your taxes on the distribution of income, including Gini coefficient, and print out a summary report.

Republican Tax Bill Is a Losing Deal for Gamblers - The New York Times

As American taxpayers sift through the details of the nearly 900-page domestic policy law that President Trump signed this month, it has become clear that the nation’s gamblers are among the biggest losers. A measure that Republican lawmakers tucked into the bill late in the legislative game ... As American taxpayers sift through the details of the nearly 900-page domestic policy law that President Trump signed this month, it has become clear that the nation’s gamblers are among the biggest losers. A measure that Republican lawmakers tucked into the bill late in the legislative game altered the tax code in such a way that bettors who break even could still end up owing money to the Internal Revenue Service.But under the new tax law losses are only 90 percent deductible, meaning that if a gambler won $100,000 and then lost $100,000, he could still owe tax on $10,000 of income. To those who consider themselves professional gamblers, whether they bet on casino games like poker or sporting events, the change could alter the calculus over how much to bet and where.The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.A casino in Reno, Nev. The change has led to backlash from the gambling industry, which argues that the tax increase will hurt the hospitality sector in states like Nevada.Credit...Emily Najera for The New York Times

Government overreach or necessary Reform? The UK gambling tax divide – The Pembrokeshire Herald

The UK Gambling Commission has recently released its Q1 2025-26 figures. This release covers activity through June 2025 and has landed in the middle of a heated tax and regulation row. Many are looking at this report to see where money is flowing. From the report, we can see that digital play ... The UK Gambling Commission has recently released its Q1 2025-26 figures. This release covers activity through June 2025 and has landed in the middle of a heated tax and regulation row. Many are looking at this report to see where money is flowing. From the report, we can see that digital play continues to dominate, […]The rules set a £2 maximum per spin for adults aged 18 to 24 and £5 for those 25 and older. Policymakers designed the cap to slow rapid losses in high‑velocity games. Operators have adjusted staking ladders, pop‑ups, and risk checks to fit the framework.Operators are required to adhere to more stringent account information policies, which could be one of the reasons many online casino users are favouring reputable non-UK sites. Alongside this, many of these users are also using offshore alternatives because they offer wider payment options, better promotions, and more diverse game catalogues.These numbers pour fuel on the tax and regulation debate. The Treasury wants dependable receipts. Consumer groups want limits that keep harm down. Operators warn that layered controls, higher costs, and point‑of‑consumption taxes can push heavy users to foreign platforms and reduce domestic spend.

Double blow for money gaming sector: GST Council raises tax to 40% as Online Gaming Ban Law to take effect soon | G2G News

The GST Council has raised tax on casinos, horse racing, betting, lotteries, and online money gaming from 28% to 40%, coinciding with the new Promotion and Regulation of Online Gaming Act, 2025 (PROGA). The dual impact is set to dismantle India’s money gaming sector, though offline casinos ... The GST Council has raised tax on casinos, horse racing, betting, lotteries, and online money gaming from 28% to 40%, coinciding with the new Promotion and Regulation of Online Gaming Act, 2025 (PROGA). The dual impact is set to dismantle India’s money gaming sector, though offline casinos may briefly benefit from higher footfalls.The GST Council, at its 56th meeting, approved a tax hike on casinos, horse racing, betting, lotteries, and online money gaming from 28 percent with input tax credit to 40 percent with input tax credit. At the same time, Parliament last month enacted the Promotion and Regulation of Online Gaming Act, 2025 (PROGA), banning all real-money online games.The GST Council has simultaneously cut the tax rate on casual household games such as physical playing cards, chess, carrom, and ludo from 12 percent to 5 percent. The PROGA specifically treats online casual gaming as exempt from ban restrictions.Offline casinos may scrape through for now, benefitting from user migration, but the broader message from policymakers is unmistakable. India’s brief ride on the online money gaming wave has come to an abrupt halt, replaced by a regime of prohibition and punitive taxation.