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28% GST On Online Gaming, Casino And Horse Racing Explained

28% GST On Online Gaming, Casino And Horse Racing Explained

 

"Unveiling the Impact of 28% GST on India's Online Gaming Industry | Business Today Explained" In this episode of Business Today Explained, we delve into the dramatic turn of events in India's online gaming sector due to the imposition of a 28% GST rate. From the exponential growth of the iGaming sector to the sudden halt on July 2nd, we dissect the situation, raising crucial questions about the industry's future. Join us as we unravel the complexities of this issue, analyzing the before and after effects of the 28% GST on the Gross Gaming Revenue (GGR) model. We break down how this tax structure transition can potentially alter the landscape for players and platforms alike.