INDIA

GST on Online Gaming: 28% Tax Likely on Online Gaming, Casinos From October 1

Finance minister Nirmala Sitharaman announced on Wednesday that a 28% tax on online gaming and casinos to become effective from October 1.

GST on Online Gaming: 28% Tax Likely on Online Gaming, Casinos From October 1
Finance Minister Nirmala Sitharaman

Finance minister Nirmala Sitharaman announced on Wednesday that a 28% tax on online gaming and casinos to become effective from October 1. "It is also decided that this decision will be reviewed after six months after it is implemented. When I say six months, it does not mean starting from today, it begins after when it is implemented," Sitharaman added.

GST on Online Gaming

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(The above story first appeared on LatestLY on Aug 02, 2023 08:25 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).