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

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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.

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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.