![]() India is probably the only Country to levy GST on full face value on all categories of online games. Kishore Kumar, Lead, Indirect Tax, Taxmann said, “India's gaming industry, which has witnessed a remarkable growth in recent times and is growing at a CAGR of 28-30% is saddled with the decision taken in the 50th GST Council Meeting with regard to its taxability. Online gaming, horse racing and casinos will be taxed at 28% (all three activities) and they will be taxed on full face value," said Union Finance Minister Nirmala Sitharaman. "We have offered exemption on GST for satellite launch services provided by private organisations. Watch: India vs West Indies 1st Test: Rohit Sharma-led India to face Kraigg Brathwaite-led West Indies India vs WI key players, Playing XI, live streaming details, venue, head-to-head records Watch: Utkarsh Small Finance Bank IPO opens, GMP rises today check price band, lot size, and IPO review, and should you subscribe? ![]()
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