Uploaded on Oct 5, 2020
PPT on GOOGLE TAX MOP-UP DROPS 30%
GOOGLE TAX MOP-UP DROPS 30%
GOOGLE TAX MOP-UP DROPS 30% INTRODUCTION Google said all apps that sell digital goods within Play Store have to use its billing system, which allows the tech giant to collect a percentage of in-app purchases as a fee. Source: www.business- standard.com/ ANTI-COMPETITIVE POLICIES Google's clarification comes as the firm faces accusations of having anti- competitive policies worldwide, most recently by Fortnite-maker Epic Games, which has sued the firm after being banned from the Play Store. Source: www.business- standard.com/ PAYTM ROW Paytm last week slammed the tech giant’s policies after its app, too, was delisted from the app store. Source: The Indian Express CLEAR POLICY Google want to be sure that it’s policies are clear and up to date so it can be applied consistently and fairly to all developers. Source: BGR India POLICY NOT NEW The tech giant clarified that this policy is not new and Google Play billing has always taken a 30 per cent commission on these transactions. This will only apply to less than 3 per cent of developers with apps on Play Store, as 97 per cent are already using Google Play billing. Source: www.business- standard.com/ NON-COMPLIANT APPS Non-compliant apps that may require technical work to integrate the billing system have been given a year (until September 30, 2021) to complete any needed updates. Source: Business Today WHO DON’T NEED BILLING SYSTEM? Google Play’s billing system is not required for apps that sell physical goods, for example, ride-hailing services, or apps that don’t require any transactions. Source: Forbes NEW APPS For new apps submitted to the Play Store, this policy comes into effect from January 20, 2021. It includes categories such as fitness, game, dating, education, music, video, and other content subscription services. Source: Moneycontrol CONSUMER SPENDING Consumer spending on apps and games created by Indian developers doubled year to date, compared to the corresponding period last year. Source: Deccan Herald INDIAN DEVELOPERS Indian developers also saw growth of more than 80 per cent in consumer spending from users outside of India, compared to the corresponding period last year. Source: NDTV Gadgets
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