28% GST On Online Gaming: Council stands firm on its decision, to implement new tax rate from October 1 firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.
The GST Council in its 51st meeting decided to retain its decision to impose 28 per cent tax on online gaming; here's how industry players and experts reacted
The 28% GST rate on online gaming stocks caused a bearish reaction, with Nazara Technologies and Delta Corp shares falling rapidly. Nazara expects minimal impact as the tax, while Delta Corp has not commented on the impact on its business.