GST Council meeting on Aug 2 to decide about modalities to impose 28% tax on online gaming
The GST Council will decide on modalities for implementing a 28 per cent Goods and Services Tax on online gaming, casino and horse racing at its next meeting on August 2, sources said.
In its 50th meeting earlier this month, the Council headed by Finance Minister Nirmala Sitharaman decided to levy the maximum 28 per cent tax on the full face value of bets in online gaming, casinos and horse racing.Image Courtesy: Twitter/@FinMinIndia