Key Points
Today's meeting is crucial for those who are into the online gaming business..
In the previous meeting, the GST Council decided to levy a uniform 28% tax on full face value for online gaming, casinos, and horse racing..
Therefore, on Wednesday, the Group of Ministers will discuss and take a final call on the proposal to levy 28% GST on online gaming, casinos, and horse racing...
The All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee, and Winzo, had termed the decision by the GST Council as "unconstitutional, irrational, and egregious"..
Gaming is a skill-based activity and cannot be clubbed together with games of luck like gambling and horse racing so taxation requires a relook and making it tax-friendly, 'Indian Gamers United said in a statement.. 51st GST Council meeting: Key expectations..
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