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gaming stocks: Casino, gaming stocks crash after 28% GST levy

The decision is expected to impact gaming volumes besides slowing down future foreign investment and the viability of gaming companies - especially in the start-up space - that have recorded impressive growth in recent times, said analysts. The 28% levy is the highest standard rate and typically covers most luxury items.

Govt Shocks Everyone With 28% GST On Online Games | Entrepreneurs Are Furious & Angry! - Trak in - Indian Business of Tech, Mobile & Startups

Govt Shocks Everyone With 28% GST On Online Games | Entrepreneurs Are Furious & Angry! - Trak in - Indian Business of Tech, Mobile & Startups
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

Nazara, Delta Corp shares in focus as GST Council announces 28% GST on online gaming, casinos

Online Gaming, Casinos Set to Attract 28% GST

The Goods and Services Tax (GST) Council Tuesday decided to impose the top 28% slab on online gaming, horse racing and casinos. It also made changes to provide uniformity in the taxation of multi utility and sports utility vehicles.

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