On-line Gaming: Valuation guidelines to exclude winnings are potential, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday reiterated that the valuation guidelines for levying 28 per cent GST on entry-level bets on on-line gaming platforms are efficient prospectively. “A clarification on that levy was issued and in keeping with that 28 per cent is the tax. Whom it’s going to apply to and on whom will … Read more