GST Council Likely To Retain 28% Tax On Online Gaming In June Meeting

to provide clarity on the taxation of supplies in casinos, horse racing and online gaming. Under the new regulations, a uniform 28% tax will be applied on the full value of bets placed in online ... Read More

Online gaming industry for 28% GST on gross gaming revenue not on entry amount

(AP) Online skill-based gaming industry is fine with the government raising GST on online gaming from 18 per cent to 28 per cent ... who have no tax liabilities in India. This is a lose-lose ... Read More

Online Gaming May Soon Attract 28% GST; Move To Discourage Gambling & Betting

The meeting took place yesterday where the members discussed the valuation of services provided by casinos and online gaming. There was a broad consensus on a flat 28% tax rate, however ... Read More

India eyes $1.7 billion online gambling tax after controversial levy

India is aiming to collect around 140 billion rupees ($1.7 billion) in tax over the next financial year from online gambling ... gaming app IndiaPlays stated, “The implementation of a 28% ... Read More

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The platform also boasts great payout rates of over 96%, ensuring that players get the best out of their gaming ... world of online gambling, and it’s a good idea to gather as much news and ... Read More

Casino Gaming Equipment Market Thrives with Cutting-Edge Technology and Immersive Experiences, Says Stellar Market Research Analyst

PUNE, India, July 18, 2024 /PRNewswire/ -- The Casino Gaming Equipment Market size was valued at USD 13.13 Billion in 2023, according to the SMR analyst. The total Casino Gaming Equipment revenue is ... Read More

Online Gambling Market Size to Grow USD 68310 Million by 2030 at a CAGR of 11.8% | Valuates Reports

The global Online Gambling market was valued at USD 31010 Million in 2023 and is anticipated to reach USD 68310 Million by 2030, witnessing a CAGR of 11.8% during the forecast period 2024-2030. Claim ... Read More

How to claim gambling losses on your taxes

Gambling losses are indeed tax-deductible, but only to the extent of your winnings. Find out more about reporting gambling losses on your tax return. • You can deduct your gambling losses ... Read More

Best Online Casino Games for Real Money in India 2024

Payments are safe and protected due to SSL encryption, while the reputable casino holds a licence with the Malta Gaming Authority for added security. India players can pick from over 2,500 online ... Read More

online gambling

Gambling over the Internet. Online gambling includes casino-style gambling, betting on sports events, virtual poker and an array of games that were developed strictly for the online use. Read More