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knell, say experts. shares of indian online gaming platforms and casinos have crashed following the gst (goods and services tax) council s decision. let s cross live now to our india business correspondent nilkhil inamdar in mumbai. thank you forjoining us. how significant, firstly, is this ruling, and what impact you think it will have on the gaming industry? that is right, in fact one of the industry associations that i spoke with said the impact would be catastrophic, because earlier, the goods and services tax was only charged for commissions, but now with these new amendments that they go through it would be charged on the entire face value of the gaming transaction on the bat, and that would take the overall tax up to about 50%, according to industry estimates. this includes gst, the platform fees, as well as the income tax. this essentially makes it very

Nilkhil inamdarGaming platformsSay expertsAin mumbaiGaming industryIndustry associationsGaming transactionFace valueGoods and services taxIncome taxPlatform feesIndustry estimates