India’s GST Council imposes 28% tax on online gaming, horse racing, and casinos

  • The Goods and Services Tax Council in India has ruled to levy a 28% tax on online gaming, horse racing, and casinos.
  • The Council also approved the tax exemption on the import of cancer drug Dinutuximab and food for special medical purposes used in rare disease treatment.
  • The tax adjustment sees criticism as it puts Indian gaming companies at a disadvantage compared to global competitors taxed around 18%.
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