Indian Government Eyes Increased Earnings from Hiked GST on Digital Gaming

  • The Indian Government may increase its revenues by over Rs. 17,000 crores by imposing a uniform GST of 28% on online gaming.
  • The current tax rate is only 2% of the estimated turnover, translating into a significant loss of potential revenue.
  • Potential measures for tax collection include a tax collected at source (TCS) strategy, and penal action for online gaming companies operating from abroad that fail to meet tax payment obligations.
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