MPL Mobile Premier League To Layoff 350 Employees To Survive 28 Percent GST Online Gaming Firm Tech Layoffs

MPL Mobile Premier League To Layoff 350 Employees To Survive 28 Percent GST Online Gaming Firm Tech Layoffs

Bengaluru-based gaming unicorn Cellular Premier League (MPL) goes to put off 350 staff to “survive” the 28 per cent GST being imposed on on-line gaming corporations. In an e mail to staff, the corporate founder mentioned that the brand new guidelines will enhance the tax burden on the agency, in response to a MoneyControl report….

Read More
28% Tax On Casinos, Online Gaming To Be Reviewed Six Months After Implementation, Says Sitharaman

28% Tax On Casinos, Online Gaming To Be Reviewed Six Months After Implementation, Says Sitharaman

Following the 51st GST Council Assembly Finance Minister Nirmala Sitharaman mentioned the Council has agreed to evaluation the choice to impose 28 per cent GST on on-line gaming, horse racing and casinos in 6 months after implementation. She additionally mentioned that the doubtless date of implementation is October 1.  Union Finance Minister, Nirmala Sitaraman, as…

Read More