To discourage gambling and betting related games, the Goods and Services Tax (GST) Council is likely to hike the tax rates for online gaming from 18% to 28%.
A Group of Ministers (GoM), set up by the Ministry of Finance to look into matters related to the GST regime covering online gaming, casinos and race courses, may suggest a flat GST rate of 28% on online gaming soon.
Source: INC24
Source: The Indian Express
Source: DecanHerrald
Latest Posts in "India"
- Karnataka AAR Allows ITC on Ancillary Expenses for Used Vehicles Sold Under Margin Scheme
- ISD Credit Distribution Allowed Only After ITC Eligibility Under Section 16, Rules Madras High Court
- Hookah Served in Restaurants Not Restaurant Service, Taxed Separately: West Bengal AAR Rules
- Key Changes in RBI’s FEMA Export and Import Regulations, 2026: Integrated Rules and Reporting Updates
- Deemed Exports Under GST: Eligibility, Taxation, and Refunds for Supplies to SEZs and EOUs
