Powered by: Motilal Oswal
26/07/2022 9:14:55 AM | Source: IANS
GoM on online gaming likely to recommend 28% GST
News By Tags | #248 #534 #1698 #3451 #2144 #2692 #3385
GoM on online gaming likely to recommend 28% GST

Meghalaya Chief Minister Conrad Sangma-headed GoM on online gaming, after deliberating on the issue for two days is likely to recommend 28 per cent GST on gross revenue from casinos and online gaming companies, sources said

The GoM is likely to put forth its recommendation before the GST Council, when it meets next month.

Sangma had tweeted about chairing a meeting with "the representatives of the Casino industry in Goa" on Sunday and with "stakeholders of the Turf Authorities of India" on Saturday.

However, members from Tamil Nadu, Maharashtra, Gujarat, Telangana, and West Bengal did not attend this meeting held over the weekend in Bengaluru and Goa.

The members also visited several places to study operations,in the last GST Council meeting, the GoM was asked to review its earlier recommendations.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here