28% GST on Fantasy Games | कौन सही? कौन गलत?🤔
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- Опубліковано 11 вер 2024
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Government does not want dream 11 to earn more than bcci 😂😂
Alsi gadhe to court wale hai jo isi skill bases game declare kar diye only court are wrong, it is not skill based jist luck
@@knowledge-21234ha bai bass ek do yt videos deek kr aur scorecards deek kr online cricket betting apps me jitna skill nahi h. But esports skill pe depend krta ta abi pata nahi kya hoga
@@burdenplayer1071 bro skill cam be repeated, i.e no1 olayer will again and again win most matches with similar oerformance.
Whereas luck always fluctuates same way these gambking games no matter how great skillful you are you cannot reoeat your oerformance again and again hence it is just luck
But its unfair for other apps and company
Bsdikee pehele BCCI Ka revenue dekhna aur fir compare Krna dream 11 se
This is the best decision. Around the world, gambling has the highest tax rate. Even in US, Lottery has more than 33% tax rate.
Sabhi mai hi tax laga do fir.. election ke time ye paisa uda do vote keliye.. i know beacuse i am from politics family....
Abbe wo tax income ha chutiye, full transaction pe nai
Bhai fantasy me bhi highest tax hai, 30 percent winning amount par aur 18 percent platform fee
There was already tax announced while withdrawal right. So in total it's 60% tax, isn't it?
They also have good infrastructure, healthcare, education, facilities, money for unemployed so it is worth paying tax in US.
Here in India despite paying tax you get potholes, flooding.
Most government office are in bad condition.
I don't know what they do with so much money.
Here in Mumbai it takes crores to fill few potholes, dunno from where they import material to fill it.
Nirmala Sitaraman is doing a job of dragging PM Modi 's empire down by breaking spine of Indian financial system. One side Modi ji keep trying to bring foreign investors. Here she is busy to kick out not only foreign ; indian investors also from financial market. This will again boost smuggling and all kind of grey and black market business and activities up.
Sir will you launch 'The man who built India' season 2
Where is season 1?
Yes, we are launching it by year end.
@@namaskarprasad pls sir never end this series
@@vaibhavbhagne6639 netflix
Greedy folks like Ashneer Grover will be unhappy, but millions of poor families will be saved
Poor ppl saved? How bro..VPN subscription will increase.they find their way.. nothing can stop if someone wants to do it? Illegal market will grow fast..govt get nothing
@@maheshpatil-he8nykam se kam 16 saal ke ladke to kam khelenge
❤❤
Ooo bhai...gyanio....ya to isse illegal declare kro...ya tax mat lo...apne tax bada Diya matlb govt bhi kama Rahi hai un garibo se...
India is anti rich. It's a damn shame
I stand with this decision and it is really a great step.
Hahahaha
I knw that some people stand with government even when wrong decision bcs they are blind followers
khanki magi
Heee BJP hatao 😢😢😢
Apnà Màa Bàap ka Stép le pehle Jhan#U
My brother took 2 lack lone and loose all of it after loosing 90k he sold his 2 phone 13 pro and android phone too
He also take 20k,30k and many more frome his friend and loose it all .more then 5.5 lack he lost in just 2 month
He just 19 .he still have hope of recovery i'm unable to convinced him not to do this
Government should have to ban this
In which game?
Same way many of peoples earning more money.
So why should be ban?😂
Tell me one thing if your brother doesn't known how to play & earn that doesn't mean that app is fraud & useless .
In order to earn you need to have skills in any field , you need to put efforts & be calm & compose .
Hare Krishna
Jay sri Krishna
জয় মা বাবা❤
How to avoid taxes =>
Rather than asking for direct money, just get a recharge in wallet and ask players to pledge the amount.
Once they pledge and play, they will get points, based on points they will be shown winnings. And if you want to redeem winning you have to pay the amount.
(Can't explain this completely here but this is more like point based gaming which will encourage even more players)
This depends on the trust that people will give the money after losing. Very difficult since trust is low among the players who will play Online😂😂
The only thing can be done is , establishing a trustable entity whom one can deposit his investments & play in apps & if he won the entity should pay that specific amount through normal random individuals a/c same as 1×bet or any other betting sites.
But in that way gl & mini go contest will be screwed & not much people will be attracted in sl's too looks bad but I am ready to put my steak tbh if someone comes with this idea .
That point based fantasy is good but need to already deposit somewhere as after loosing reactions might be different , it's better to deposit earlier & have a smooth interface for that
If the system get. Complicated life people will leave 😅
Government should reduce gst on essential goods and not to increase on bating app and divert public discussion
Such things are biggest government revenue
Not possible of going it down
Still less compared to west and even china , Japan and even middle east
@@bankrupt4808There is also a major difference between their quality of life and us 🙏
U have correct view. Government just want tax but don't want to involve to resolve actual problem.
9:44 The VCs would have surely calculated this risk of taxation. Also, VC funding in a grey area is always risky and they very well know it. In my opinion, any VC (be it Indian or Foreigner) will surely continue to invest for other areas where the policies and taxation are more clear.
सर पोर्न इंडस्ट्री के ऊपर भी डेडिकेट video बनाए। ये बहुत बड़ा market है। अब भारत को भी प्रोफेशनल पोर्न इंडस्ट्री चाहीए।
From Naughty America to Natkhat Bharat 😅😅😅
@@kazuma2060 ये मजाक का विषय नही है दोस्त। पूजीवाद मै हर चीज को बिजनेस का रूप देना है। जब अमरीका हथियार को बिजनेस बना सकता है। पोर्न को। तो भारत क्यू नही। Sunny leone को हमारे लोगो ने क्यू स्वीकार किया अगर हम इतने ईमानदार है तो।
@@samuraiNishantbilkul genuine baat Boli Hai Bhai tune 👏
High tax rate will compel the people to evade tax in any way, people will definitely pay taxes if it can be at minimal rate . And this would be an win win situation for tax payers & government
Game operator now shift there servers out of india means in tax heaven counteris and save all taxes. Plus illlegal gambling will increase. The best option is that they must remove the finance Minister first.
If any investor is investing in such an industry, he must have done his research and analysis of these industries and so I don't think it will bring any negative impression on foreign investor
The foreign investment is already declining after 2017
India is worst place to invest, foreign investor should not waste their money
Sir, one thing I want to correct. No TDS is leived of the Winning amount is less than 10k.
Baki apke vdo badiya hai
I'm leaving India in December the reason is Forex Trading is banned, Indian stock market is shit and taxes are too high, we get nothing in exchange of taxes.
Your content is always commendable.... N your intentions of helping people are also too good....👍 well done... keep growing
Don't call it fantasy gaming or online gaming. Start mentioning gambling and betting
Yeah because only these companies are the one who make huge profits and on the other hand youth are wasting their precious time and money because these apps show them false dreams to earn big.
Why ??
Baat agar vc ki hai to use gambling mai invest karne se pehle sochana chahie tha
Aur agar wo risk nahi lena chahte the to use invest karne ki bajay debt dena chahie tha
Aur last mai ye ki usne high return ke liye high risk liya hai to jaruri nahi ki use har baar tagda profit hi ho kabhi bada loss bhi aata hai to uske liye bhi use taiyar rehna chahie
Aur aapne bataya ki jab ye sector initial stage pe tha tab action lena tha to ye possible nai hai aisa to desh me din me 100 nayi cheez aati hai gov action tab hi leti hai jab koi cheez bade level pe hone lage
Aur aapne baat ki rozgaar ki ki logo ki naukari khatare mai hai to kal koi robbery karne ki training dene ki company kholega to kya hum usko isi vajah se band nahi karenge ki wo company kisi ko naukari deti hai ?
Agar hum koi gandaki mai kaam karenge to uske bure daag kahi na kahi humpe lagenge hi to better solution ek hi hai ki aisi sab cheezo se dur raha jaaye jo samaj ke liye achhi nahi hai chahe usme job ki baat ho invest ki baat ho ya use promot karne ki......Jay Hind
Does our finance minister understand finance? Is this way to become atmanirbhar by cutting the world out?
Great explanation, actual winer is govt
Actual looser is aam janata,
Gaming company khoob loot rahi thi, sarkaar ko laga bahati ganga me haath dho lo.
The real game is to loot the aam adami
Problem is - it is on online gaming , not just fantasy gaming
Game of skills mei maybe 18 % Gst laga hai
Sorf real moneu game me hai jaise dream 11, rummy etc pubg pe nahi
?? To , acchi baat hai . Tereko waise bhi pubg waale paise thodi Dene Wale the
Appreciate yours efforts in clearing one's doubts by using the helpline. Kudos to you
This is the best decision that helpline number. this is really good decision .
Probability ki understanding होती तो वहा जाते हि नही. ये मस्त था
Bilkul sahi kiya h gvt ne start up valo k jal rahi h unprofitable start up jo chalate h na koi gamers casino consumer ko koi nuksan hoga na business ko except start up unprofitable chutiyapa sare devloped desh me v high tax h hai
Ashneer ki to business bhi nai hai isse related bass wo comment kar raha hai taki lime light me bane rahe
@@kazuma2060I think he invested in some fantasy gaming company and thus he is butthurt. He is the most dogla insaan in India.
@@kazuma2060 Arey kaha rehte ho uska khudka fantasy app hai cricpe karke😅😂
@@Dr.SyedSaifAbbasNaqvi Arey uska khudka fantasy gaming platform hai cricpe isliye bola😈😅
Odisha govt has also banned fantasy games.
Ek common Indian ki haarne ki probability anyways 99.9% hai toh at the end if you play fantasy game, you are losing all money + giving tax. Better avoid it or if you have good knowledge of sports and have patience and control then do betting on foreign bet sites.
99.9% why and how? And which foreigners sites? And indian why not?
@@unic2253Use anyone , all are tax free .
1×bet , lotus365 , 1win
TDS vi to le rahi hai government.. Kitna tax chahiye inko
Pgl ho gyi h government 😢😢😢😢😢
Band kynn nai kr diya in betting apps ko mai wo soch raha hnn. Tax badhane se acha sidhe ban karo
@@kazuma2060 These Taxes are not only on betting games.. Government just want to loot
Very helpful discussion
Fantasy gaming mein taxation theek hai chalo acceptable hai,,,,,,but crypto mein 30% , ,, and koi company agar sudden profit jump karee,,,, toh windfall tax ,, gaming industry like bgmi ,usme bhi 28% tax , what the hell is wrong with the government,,,,,these steps will not allow the new companies to grow in a manner they should be,,,,,jaha mil raha hai WAHA SE TAX UTHA LO,,,kya mazak hai ye,,,
And tax lene hai bhai,,,toh 5 % to 10% lo,,,,30% mazaak hai kya,,,,,
Bhai normal tax slab kis liye banaya hai,,,,jab ye sab bakwas hi karna hai toh
Gobarjeets deserve this.
Govt is charging TDS 30% from the Profit earned by the player, then why is it charging full 28% Tax from the player on the amount he/she is playing for , and what about the Tax charged to the App company, if they are charging let say Rs15 to the player for using their app to play games , then are they (App company) not charged with any Tax for thier Rs15 income.
Commission ka 18% gst companies already de rahi he...
Actually this govt doesn't want people to earn from any other or alternate sources of income.This party which is in centre very cleverly passed a bill where how much any party getting funds from which source will never be disclosed.
I guess we need money for everything be it education or for personal. But having one way is not sufficient. Then we get such and government take our money 😑, even in stock market. UA-cam income after 45% deducted from UA-cam we get 55%. But government employees( paise de ke Lage) enjoying life, not work, pension, increment, inflation money. Which feel like to go away from this country. No education(worst quality compared to developed countries except in Delhi and centered school are better but they are either for government or for earning high like fees of CBSE board not for everyone and iits 12lakh) but that why I also started playing this so if I want money for IIT or education I can.😢
Precisely. The idea that the Gobarmint that is looting it's citizens 24*7 via exorbitant taxes has introduced this tax to protect the youth is hilarious 😂.
Collecting GST ON gross entry value after 6 years is really shameful. No company can survive this huge liability of past years. These clarification should have been issue well in 2017 itself.
These companies should not survive at all. No government can regulate a industry at its initial stage. They need to understand it's effect first.
Industry barbad nahi honi chahiye
Bhale pura desh Jugari ho jaye
What about those games which are running without the knowledge ( can't say without) of cyber such as Colour Prediction games wherein I dont know whether the players and makers don't pay a single tax. The makers are taking service charges and 10% while bank transfer, but don't know their obligation towards Govt
Only true gamblers know , who is behind this ,it will help and also leads to unknown bookies to control market nd u don't have to pay 28% gst , they open sites according, lot illegal apps will come nd people are addicted to that, they go for to save 28% gst nd loss all money, that's reality
VCs do knew the risk when investing in such companies
Obviously it's a game of skills:
For ex: like you read multiple companies report to analyse them and there are also those kind of people who just watch i article or video and just randomly invest in company and make losses(sometimes profit).
Now same applies to fantasy games, what if there is someone who's read the game in and out like last matches of the team, players stats, injured player, ground condition etc etc. it increases there chances of winning. And then there is someone who just listens something somewhere and plays fantasy games, obviously they will loose there money.
That doesn't make fantasy games gambling.
Don't you think , at the end , you are just predicting ? And predicting is always a gamble , isn't it ?
@@Shaurya-wy3km its all about increasing your chances.
If prediction is gambling then all of the stock market is gambling bcoz no one knows what will happen to a stock price but if you really dig deep inside a company say for 5-6 months, your chances (odds) of making a correct decision increases multifold as compared to a person who got a telegram tip, read an article in business std. or sunni sunai baate.
@@Shaurya-wy3kmthen in stock market you are also promoting either it will go up or down according to you😅
Just another fantasy gamer proud of his game 🙄
Surya conti duck after Ranking 1st in icc T20 😂, rohit and DK and other not betting well. Jos fail. Is it game of skill. Best bowlers and batmens fail to perform but when you don't pick they do well. 😂😂
Fun fact : Indian Cricket Team sponsor is Dream11 .
The amount of screen presence of the two people in thumbnail is so high that I read the thumbnail text in their respective voices in my head!
Govt should ban cigarettes , drinks and lottery also. Lekin wo nahi karenge kyuki tax cut gayega. I think betting should also make it legal
When a customer eats at a restaurant, there is a charge on the full value of the bill. Not on the profits/margin of the restaurant.
Similarly when a customer pays a certain value to gaming company, that value has to be taxed. Not on the commission of gaming company.
But Restaurant didn't give money back to customer
@@RB-11they give actual food and service to customers.
Gobarjeet compares a Restaurant to an investment opportunity lol
Well explained brother... Love your content!
Or vote 2 BJP ko abhi toh starting h agar ek baar or BJP ayi toh saans lene per bhi tax Dena hoga
Bahot farak padega , around 1 lakhs jobs is in danger now , believe it or not
Government ko lagta hai addition hoga tho fir liquor ko kya nahi banned karti uska bhi tho addition hai kuch person's ko
What about these VCs who made Multi fold returns in others Indian companies…
Bro, yes these VC’s should think twice….they first put money in ventures which destroy our youth…we don’t need any such VC’s for growing India…there are enough other bigger investments coming to India which will create jobs, which is what our country needs…and for anyone watching your video stop idolising these cricketers and celebrities who are destroying our youth by promoting gambling for their own personal financial gains! Everybody has a choice at the end of the day, and if you truly want to do good, make the right choice!
ITC - Indian Tobacco Company .....Le Take My D .
In term of youth destroying
Which sector creative job can you elaborate about investment and job ????
As per my research I found that Dream11 or any other games TDS is not refundable after File ITR , because it is not exempted event you are unemployed , It's is True?? It like TDS is one more tax? What you opinion?
That's casual income & straight 30% tax rate not refundable
Sir ek or market hai Jha per koi tex nhi hai or per Day 1000 Cr se jada ki market hai. VHA per govt ko tax lgana chaye .GDP ko bhut help hogi
worst finance minister of all time
Health insurance me video banaye
Probo app par kya hoga sir espar v video banaea
सरकार लोगो को बेरोजगार करने का हर संभव प्रयास कर रही है 😅😂😂
Bhai jitnee sahi tarike se baat ki tune ispe...hats off...i m your fan now...
Ha asa fantasy app hai jisme koey tds nahi Lagta hai sob usme khelna suru kar deya hai d11 me nahi khelte
1:32 Pehle ke Taxation ke Mutabit
₹ 200 - 18% GST = ₹ 164
₹164 me se Fantasy Valo ki Fees bhi less hogi na. Aapne example me Fantasy Valo ki Fees Less nahi ki hai. Is Liye ₹44.80 profit aayega hi nahi (i.e. after TDS)
its aint fantasy gaming its simply satta baazi. Should it be legalised like stock market which is also speculation based
Is this apply on opinion trading
Mujhe Aap ka vichar sahi nhi laga gaming industry khatam hai... Ye to pakka hai jaise crypto khatm huwa
Mega league mai winning ki probability bahut Kam hai
But small league me winning hoti hai.
Kul milakar industry poori dubegi
Cigarettes और ड्रिंक पर भी बहुत tax लगा दिया है ।बताइए कितने लोग गुटका सिगरेट्स छोड़ दिए ? बकवास करती हैं गवर्नमेंट बस
This is a highly thought out decision. Because of the inelastic nature of this industry. Look at cigerette, the price had gone up insanely, but the addiction keeps growing, same for liquor. So good income for the govt and caution for gamblers.
Bhai aap ne aaj joo bhi baat bolii bahut hi best boli hai bhai good❤
BANING of service and product not make sense... PEOPLE Who play want to take responsibility.......😅
Ye Last jo point bataye woh kaafi Relevent he.. Bahar se operate honewale batting apps me logo ki entry badh jayegi abhi..
No where in the news article it is mentioned that the family took loans for fantasy gaming. Please stop showing false information and at least have some decency to not use a deceased family to put your point across.
Please Probo app pe kya effect padega iska ispe video banaye
Subtitles are not shown properly in video, fix this
fantasy gamming app को ban करने के बजाय money add पर 28% GST लगाया है। कल को अगर रेप केस बढ़ने लगेंगे तो government कहेगी जो करना है करो बस fine भर देना। क्यों भाई ये सारे अच्छे काम करने का ठेका सिर्फ जनता ले रखा है क्या ?
This step of GST encourage illegal betting through foreign servers and Matka system.
4:45 Indirectly he said they are stupid 😆😆
Directly 😂
Sir mere account se ye charge kata gya hai. Pucchne pe bataya gya ki upi se pay krne par kata gya hai. Par mujhe ye sahi nhi laga. Margdarshan kre. 👇
राशि रु.23.6 खाता सं.3835 से BSBD WDL TXN CHG को अंतरित की गई.
Bhai yeh bill pass na ho bass 30 percent tds katta h oor 28 percent GST itna kon dega bhai bekaar kAm krteh government
TDS sirf jitne wale pe lagta hai. Gst sabhi participants pe lagega.
इतनी बेरोजगारी, मेहेंगाई, बढ रही है. जनता किसी fantasy app से पैसे कमा ने लगी तोह government वहा भी चैन से कमाने नही देगी. इसी कारण से India कि अर्थव्यवस्था नीचे जा रही है
Absolutely support it 💯
Prasad bro people using android mobiles have to access privileges to install any app compared to iphone
Sir I have one doubt..if we are selling stock options and it gets otm, then kya hume us stock option ko square off karna hota hai before expiry? Pls reply pls
nahi
Ha bhaii kr skte ho ..
Aap puri tarah se galat ho mujhe lagta hai aapne kabhi bhi in app me nahi khela hai. Pahle chote mote earning par koi tax player ko nahi lagta tha Haan kuch rupya app cut kar deti thi wo bhi pahle hi winning amount me hi show ho jaata thi Jaise agar 4 log hai aur sab ₹19 laga raha hai to ek jo winner hoga usko ₹66 milega jisko wo aasani se nikal sakta tha without tax lekin ab sab cheez same hai lekin withdrawl ke samay ₹66 par @30 % tax lagega
Government ko jitna paisa Bana na tha vo Bana liya, fir jaide Government ka pet bhar gaya to GST label chipka ke game company ko niche dhakel diya
Waah sarkar waah
Kash prasad hamare country ke financial ambassador hote...
You are grossly mistaken my friend. Remember one thing, everyone is behind money, be it an individual or company or social media influencer or government.
Liquor & tobacco harming human health so why not take to higher rate tax & banned....
Aapne bola ki starting me hi tackle kyu nhi kiya. Regulation kyu laaye.
agar aisa kiya hota to aaplog hi bolte ki govt koi negative proof ke govt block kr rhi hai industry.
kisi ko pata nhi tha ki ye itna addictive ho jayega.
ab pata hai to ab kiya
Mera tho fantasy app business he close ho gya app main user khel nehi rha hai
@Prasad bhai correct me if I am wrong, 100 ka khlene k liye ... 128 pay karna padega tab 28% banega na.... Agar 100 mei se 28 tax diya toh 38.8% tax ho jaega 😮 video is no doubt informative as usual 💪💪
Nope. Jab 100 ka bet lagega tab 28 rs gst kat jayega. So apki bet 72 ki hi lagegi.
@@CAPARTH89 tab toh ye base amount ka 38% hua na cuz ... 28% hone k liye base price 100 hota na... Please clarify further
@@gaursurbhit Isme 2 options ho sakte hai.
Option 1: Rs 100 ka bet lagaoge toh company apse 128 rs legi aur usme se 28 rs gst bhar degi.
Option 2 Rs 100 ka bet lagega usme gst include hoga. So 72 ka bet lagega ( for simplication purpose) and 28 rs gst govt ko jayega.
Most probably option 2 applicable hoga. Official cicular ane pe govt clarify kar degi.
28% it's very huge... 10-15% rehna chiye
Baat to sahi kaha
Isme koi one two one game play bahut kam hi hoga
Yaha to jada 49rs me 1cr😁 winning amount wale me hi jayega
Jada se jada yahi hoga
Ki phele 1cr winning wale game me maan lo 100 logo ko amount distribute hota tha to ab 50 logo me hoga
we should not forget that govt did amazing work by regulation of crypto. now the global crypto market is collapsed
Very good decision.....these gambling apps should be completely banned. Agar VC ko invest karna hi hai toh kuch constructive things pe kare..... extremely good decision....50% GST hona chaiye tha.
Bache ko jealous Hota he 😂
The problem was with gambling but why the hell govt put the same amount of tax to all the online games what's wrong in playing COD or FIFA or BGMI? Why govt always thinks backward?
देर आए, दुरुस्त आए thanks to the indian government 🙏
There is already a high tax rate on alcohol and tobacco. Why gaming should be excluded?
Thanx bahut achhe se samjhaya apne 👏
Sir ye credit co-operative society limited ke bare me jankari aur kya ye sahi hai ???
The collective pool will be evem bigger because you are calculating the gst wrong .
If everyone puts 100 rupees, the 28% will be 21.87 not 28 because 28% tax is included in 100.
28 will be in the case when they have to put another 28 rupess on 100 that is 100+28 =128
Also the gaming apps have rated their product to be 18+ , so why dont anyone is mentioning the 30% TDS you can claim back from government.
It will effectively improve tax evasion and the people who are legally eligible to play will be rewarded by filing ITR
Great knowledge provided thanks 👍