The Economic Times

Gaming founders appeal to GST Council for personal liability relief after Supreme Court ruling

Real money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following a Supreme Court ruling. The industry faces significant retrospective tax burdens, with many firms already struggling or defunct. Legal experts advocate for the Council to use its powers to regularize the tax position, waiving penalties and interest to prevent widespread insolvencies and protect entrepreneurship.