Section

Monthly GST mop-up from online gaming companies jump 400 pc since October 1

By Economic Times - 9 months ago
Monthly GST collections from online gaming companies have surged by over 400% to Rs 1,200 crore since October 1 due to the implementation of a 28% tax on e-gaming platforms. The GST Council clarified last year that online gaming companies must pay 28% GST on the full face value of bets.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.