Online gaming may soon attract 28% GST; move to discourage gambling & betting
Shortpedia
Content Team
Image Credit: BBC
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.
