The revenue impact on Nazara Technologies itself will be minimal since the segment contributed only a modest 5.2 percent to the company s FY23 revenue, Mittersain said.
The Finance Ministry is considering classifying online gaming into categories of skill and chance, and levying a differential rate of GST, an official said.
The group of ministers in their meeting last month, before the GST Council meeting, had proposed that the GST be hiked by 10 per cent to the highest slab rate of 28 per cent.
The Goods and Services Tax (GST) Council has asked the Group of Ministers (GoM) to re-deliberate the tax rate on horse racing, online gaming and casinos by July 15, Finance Minister Nirmala Sitharaman said while addressing the media after a two-day meeting.