Last week, the GST Council imposed a 28 per cent tax on the turnover of online gaming companies, horse racing and casinos. This means that a gamer will have to pay Rs 28 for every Rs 100 spent in an online game.
The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, has met 47 times so far and has taken measures which made Rs 1 lakh crore GST collection per month a new normal .