Finance Minister Nirmala Sitharaman will chair the GST Council meeting today. The council is expected to clarify the definition as well as the 28 per cent tax and details of how it will be levied on online gaming. Another key detail that the council will clarify today is whether games of skill or chance would be included in the definition of gaming. The government is also expected to introduce the amendments to the GST Act required to bring online gaming and horse racing as taxable actionable claims in the ongoing Monsoon Session of the Parliament.
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11 Apr 2023In This Video, We'll Take A Closer Look At The Report's Findings And Discuss The Factors Contributing To The Growth Of Fantasy Sports Gaming In India.
11 Apr 2023With this, the valuation of Dream Sports has vaulted to more than $2.5 billion from $1.1 billion in April last year
2 min read15 Sep 2020It is learnt that BCCI is in discussions with Dream11 to revisit their second and third year bids and wants them to increase the amounts Dream11 replaced Chinese mobile phone manufacturer Vivo, which had to pull out for this season because the Sino-India border stand-off
1 min read19 Aug 2020The sponsorship will help the startup’s ambitions to expand beyond fantasy sports The startup has built India’s biggest fantasy sports platform on the back of strong tie-ups with leading sports leagues
2 min read19 Aug 2020Dream11 bags title sponsorship rights after Vivo exits The Dream11 mobile app is on Apple’s App Store but not on Google’s Play Store as the latter bars cash contests on its platform
3 min read19 Aug 2020This, after Chinese phonemaker Vivo backed out of IPL 2020, which is set to begin from 19 September in UAE Dream11 will hold the rights for four months and 13 days
1 min read18 Aug 2020Tiger Global may invest $200 million in fantasy gaming platform at a valuation of $2.5 billion Dream11 also aims to build out its platform as a full-fledged sports platform selling merchandise
3 min read26 Jan 2020Dream11 offers games such as cricket, where users can win money from a reward pool Startup had about 50 million subscribers in Feb and is looking to double the number by end of this year
2 min read15 Aug 2019