Finance Minister Nirmala Sitharaman has announced that a 28 per cent GST on the full-face value of bets placed on online games will be implemented from October 1
Industry stakeholders have recommended that the taxability of the game of skills and the game of luck be considered separately, and game of skill be kept outside the 28 per cent tax ambit
Beset by fraudulent fly-by-night operators while laboring under fragmented state-based regulations, online gaming companies hope the MeitY's self-regulation proposal will herald the codification of player-first initiatives
