Tech & Startups

    Gamers put real money on table ahead of 28% tax regime

    Platforms make special offers to lure heavy-duty gamers in the past 2 months; some clock as much as 300% surge in daily deposits.

    Dunzo cofounder Dalvir Suri to exit amid tough times

    Dalvir Suri, who joined the Bengaluru startup as a cofounder six years ago, was a key executive for core business DMS, client liaison, staff issues.

    Poll of the Day

    Will the Foxconn-India partnership make the country a chipmaking superpower?


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    Piyush Goyal, Rajeev Chandrasekhar to grace ET Startup Awards ceremony; Dunzo cofounder to exit

    The awards ceremony of the Economic Times Startup Awards 2023, scheduled to be held in Bengaluru on October 7, will see Union minister of commerce and industry Piyush Goyal and minister of state for information technology Rajeev Chandrasekhar attending as guests of honour. This and more in today’s ETtech Morning Dispatch.

    The harsh ‘reality’ facing real money gaming firms, and other top tech, startup stories this week

    The gaming industry in India is facing tax woes as the GST department issued pre-show cause notices to several cash flow-rich firms in the sector. One of the notices, amounting to an estimated Rs 25,000 crore, was served to fantasy sports company Dream11, making it the largest indirect tax notice in India. This move has sparked legal disputes and challenges from the gaming companies, who argue that the tax demands are retrospective and unfair. The Supreme Court will conduct further hearings on the matter on October 10.

    Govt rules out review of egaming GST notices; WestBridge to buy secondary stake in Meesho

    Online gaming firms aren’t getting any immediate relief from their Goods and Services Tax (GST) woes, as tax notices stand on firm legal ground, Central Board of Indirect Taxes and Customs chairman said.


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