The GST Council’s decision to levy GST on online gaming at the rate of 28 per cent on the entire face value of the contest entry amount is likely to deal a blow to the industry. This levy, among the highest globally, will deter gamers from getting addicted. But industry players feel that many companies will have to shut down as gamers reduce their activity due to the high taxes
India’s tax on gaming industry the highest
Published on
July 21, 2023 16:20
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