GST council to increase taxes on online gaming. Company Dream 11 had splashed about 350 crore rupees and snagged the rights to stamp its red logo on the jersey of the Indian cricket team. The tax won't just be on the gross gaming revenue or GGR, it will also be on the entire sum of money customers deposit to play on the platform. If you're scratching your head wondering what's going on, don't worry we'll explain it all.
In today’s episode for 13th July 2023, we explain a bizarre decision of the GST Council to increase taxes on real-money online gaming companies like Dream11, Gameskraft, and Games24x7.
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