Unless the entire gaming industry decides to pass on the GST burden, anyone who does this solely might lose consumers. "Alot of gaming companies are looking for ways to engage their players more, and not changing their business models," Pandya told FE in an interaction.
"The industry is in no mood to pass on GST right now as this may have a worse effect than you bearing the cost right now," he said, adding that the impact on the bottom line with higher GST is better than losing consumers by passing the GST burden.
Denne historien er fra March 19, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra March 19, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Targeted solutions to counter AI risks
Firms seek tools & techniques to detect and prevent attacks
Trump-branded offices make India foray
THE TRUMP ORGANIZATION has forayed into Indian commercial real estate with an office and retail project in Pune.
Sebi bars former TV anchor, two others from securities markets for 5 years
The Securities and Exchange Board of India (Sebi) on Wednesday imposed penalties on former news anchor Hemant Ghai and two others, including his wife, for alleged fraudulent practices and barred them from dealing in securities for five years.
Steel imports face 12% duty
According to Sehul Bhatt, director-research, Crisil, said the imposition of a 12% provisional safeguard duty on some non-alloy and alloy steel products will provide pricing support to local manufacturers in the first half of fiscal 2026.
UCBs Must Be Mindful of Responsibilities: RBI Guv
Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday told urban cooperative banks (UCBs) to be mindful of their responsibilities, given the trust and faith depositors repose on them.
Conveying climate statistics
A RECENT STATEMENT by the chairperson of the Net-work for Greening the Financial System (NGFS) sparked an interesting conversation.
Govt can act against tax treaty abuse despite PPT, say experts
THE CENTRAL BOARD of Direct Taxes (CBDT) has clarified that the principal purpose test (PPT) provisions, designed to prevent tax treaty abuse, will apply prospectively only to the double taxation avoidance agreements (DTAAs) that include a PPT clause.
Democratic processes lose meaning if citizens aren't well-informed: Prez
EMPHASISING THAT THE importance of free and fair journalism for democracy cannot be overestimated, President Droupadi Murmu on Wednesday said \"if citizens are not well-informed, democratic processes lose their very meaning\".
Let Demergers Drive Value for Stakeholders
By shedding conglomerate clutter, unlocking growth potential, and sharpening operational focus, they align the interests of companies and shareholders
Wheat output estimate gap raises speculation concern
Projections by govt, industry vary by 5 MT
