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Paytm Gets Big Relief As First Games Tech GST Notice Cut By 88 Percent
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CNBC Awaaz•13-10-2026, 20:51
Paytm Gets Big Relief As First Games Tech GST Notice Cut By 88 Percent
- •The GST tax demand notice amount for Paytm subsidiary First Games Tech has been reduced by 88 percent.
- •Following this significant reduction, the total demand amount now stands at 700 crore rupees.
- •While this brings considerable relief to the company and investors, complete closure of the matter is yet to be confirmed.
Key Questions Answered
The GST tax demand notice amount concerning Paytm's subsidiary, First Games Tech, has been reduced by 88% and now stands at ₹700 crore.
First Games Technology Private Limited discontinued its real money gaming business following regulatory changes impacting the sector.
No, because the investment and shareholder loan had already been fully impaired, the ₹142 crore loan waiver was not expected to have any adverse financial impact on the company.
