28% GST on Online Gaming here to stay forever

Any hopes of a reduction, leave alone a rollback, of the 28 per cent goods and services (GST) tax on online gaming have virtually been extinguished with the revenue bonanza that has resulted from the levy since October 1, 2023. GST authorities have collected over Rs 6,909 crore, a 412 per cent increase in online gaming revenue over the past six months alone. Additionally, casino revenue grew by 30…