Indian Games Industry Calls for Distinction From Real Money Games in Letter to PMO Over ‘Online Games’ Tax
Earlier this month, the Goods and Services Tax (GST) council implemented a 28 percent tax on online gaming, casinos, and horse racing. Finance Minister Nirmala Sitharama, on July 11, announced the new taxation policy, adding that tax would be levied on the full face value of transactions, which included the…