Online Gaming — here's how critical a conducive taxation regime is for user safety
The industry currently pays 18 percent GST on Gross Gaming Revenue (GGR), which is the revenue earned by them as facilitation fee. However, the Group of Ministers (GoM) set up by the GST council, in its latest report has recommended 28 percent GST on the total value of Contest Entry Amount (CEA) for online gaming activities at par with casinos, lottery and racecourses. The online gaming sector in…