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Legal▲ Bullish for Indian equities
‘Big relief’ for online gaming: Sanjit Bangar flags sharp GST demand cuts, no director penalties
The brief
- Latest GST orders sharply reduced tax demands against major online gaming companies
- The orders imposed no penalties on directors
- Lower tax exposure offers relief to Indian online gaming companies
- GST revenue rises to ₹2.03 lakh crore in September but share of domestic sources falls to all-time low
- GST state-wise collection September 2026: Assam jumps 88%, UP 18%; Tamil Nadu falls 5%
- September GST collections rise 14.7% to ₹2.04 lakh crore
- GST Council to simplify processes, cut penalties