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The Indian Goods and Services Tax enforcement agency has been empowered to block tax-evading gambling websites.

The Indian Goods and Services Tax enforcement agency has been empowered to block tax-evading gambling websites.

The Indian Ministry of Finance has granted new powers to the Directorate General of Goods and Services Tax Intelligence (DGGI) to begin blocking online gaming websites and mobile applications that illegally evade the country's Goods and Services Tax (GST).This week's "Indian Gazette" confirmed that

28like·0comment01-12
The Goods and Services Tax Council (GST) of India will not change the 28% business tax levied on horse racing betting and online gambling in the country.

The Goods and Services Tax Council (GST) of India will not change the 28% business tax levied on horse racing betting and online gambling in the country.

India has decided to review the gambling tax hike policy launched in October 2023, reflecting significant changes in the industry since then. Finance Minister Nirmala Sitharaman stated that in 2024, online gambling revenue grew by 412%, reaching 69.09 billion rupees ($823 million). Physical casino r

28like·0comment2024-12-31
India’s GST Council maintains 28% tax on online gambling and casinos after six-month review

India’s GST Council maintains 28% tax on online gambling and casinos after six-month review

India’s Goods and Services Tax (GST) Council has decided to retain the 28% turnover tax on online gambling, casino operations, and horse race betting. The decision follows a six-month review of the tax hike, which took effect in October 2023. The review was originally promised to assess the impact o

0like·0comment2024-10-01

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