The Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet value. This decision could precipitate a colossal tax obligation estimated at ₹2.5 lakh crore for the industry. For the full story, visit the source.
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Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting value
The Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet value. This decision could precipitate a colossal tax obligation estimated at ₹2.5 lakh crore for the industry.
By ET Online· The Times of India· 4 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India