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Gameskraft to pause Pocket52 poker operations from May 30 for review

Business Standard LogoBusiness Standard8h ago

Gameskraft to pause Pocket52 poker operations from May 30 for review - Business Standard

Quick Summary:

Gaming firms have argued that the 28 per cent tax should apply only from October 1, 2023.

Users of the platform will be able to withdraw their remaining funds, and the process will be communicated to all players, according to the company.

The amendments specified that GST would be levied on entry-level bets on online gaming platforms, rather than on amounts paid by players in each game from their winnings.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 19:44:34 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28713691

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 303 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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