2023, Vol. 10, Issue 5, Part D
An analytical study of implications of 28% GST on online gaming: Industry, government and consumer perspective
Author(s): Divij Gugnani
Abstract:In this article, the effects of the Indian government's decision to tax the online gambling sector with a 28% Goods and Services Tax (GST) are discussed. It offers information on the industry's estimated size, the impact on consumers, the viewpoints of the industry and government, As the government seeks to reduce gambling, suicides caused by debt accrued through online gaming and enhance GST collection and the industry views these goals as necessary to build strong, profitable businesses that increase employment and tax revenue while increase in entry fees and less prize money for consumer.
Pages: 253-255 | 324 Views 141 DownloadsDownload Full Article: Click Here
How to cite this article:
Divij Gugnani. An analytical study of implications of 28% GST on online gaming: Industry, government and consumer perspective. Int J Phys Educ Sports Health 2023;10(5):253-255.