28% GST Possible on Online Games, Casino, Horse Racing
Zee Business Video Team | Updated: May 18, 2022 11:22 PM IST
GST may soon be levied at the rate of 28% on online gaming, casino and horse racing in the country. Currently, gaming companies charge 18% GST on platform fees. The Tax Research Unit (TRU) of the Department of Revenue, Ministry of Finance has recommended charging 28-30% of the gross contest entry amount. Know full news from Tarun Sharma.
