{"id":18331,"date":"2021-05-27T14:21:54","date_gmt":"2021-05-27T14:21:54","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=18331"},"modified":"2026-04-23T19:10:09","modified_gmt":"2026-04-23T22:10:09","slug":"india-to-analyse-changes-to-casino-tax-values","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/india-to-analyse-changes-to-casino-tax-values","title":{"rendered":"India to analyse changes to casino tax values"},"content":{"rendered":"\n

The Indian federal government is seeking to change the valuation of casinos, online gambling portals and racecourses for levying goods and services tax (GST).<\/p>\n\n\n\n\n\n\n\n

India.- The government of India is analysing possible changes<\/strong> to the way casinos, online gambling portals and racecourses are valued for goods and services tax (GST)<\/strong>.<\/p>\n\n\n\n

According to the Business Standard newspaper, a seven-member panel of state ministers <\/strong>has started to examine the possibility of changing the way gambling services<\/strong> are valued for the tax.<\/p>\n\n\n\n

The terms of reference (ToR) say the group of state ministers will “examine the issue of valuation of services provided by casinos, racecourses, and online gaming portals<\/strong> and taxability of certain transactions in a casino, about the current legal provisions and orders of courts.”<\/p>\n\n\n\n

Rajat Mohan<\/strong>, AMRG and Associates Senior Partner, said: “Online gaming companies are in nascent stages in India, leading to multiple unresolved issues around taxation and valuation<\/strong>, posing a big challenge for the entire industry.<\/p>\n\n\n\n

“Now a group of ministers has been constituted to understand, examine and resolve<\/strong> the uncertainty surrounding the valuation of services by casinos, race courses, and online gaming companies.”<\/p>\n\n\n\n

Gambling options<\/strong> such as casinos online gaming and horseracing currently attract 18 per cent of goods and services tax<\/strong>.<\/p>\n\n\n\n

In January, a think-tank has proposed the creation of an independent regulatory body for fantasy sports<\/a>.<\/p>\n\n\n\n

It proposed that the government create a self-regulated body <\/strong>for fantasy sports gaming<\/strong>, mainly in light of the recent attention the games have received in the media.<\/p>\n\n\n\n

Several operators have proposed that such a body would also help ensure that tax payments<\/a> from the industry are paid correctly and that enforcement action is taken against illegal operators.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Indian federal government is seeking to change the valuation of casinos, online gambling portals and racecourses for levying goods and services tax (GST).<\/p>\n","protected":false},"author":176,"featured_media":18381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Indian federal government is examining potential changes to the valuation methodology for Goods and Services Tax (GST) on casinos, online gambling portals, and racecourses. A seven-member panel of state ministers has been constituted to address the current uncertainties surrounding taxation and valuation in these gaming verticals. This initiative also follows a proposal for an independent regulatory body for fantasy sports, aiming to ensure correct tax payments and combat illegal operations.","focusai_entities":"Government of India, Business Standard, Rajat Mohan, AMRG and Associates","focusai_location":"India","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.95), operator_casino (0.98), marketing_crm (0.75), investor_analyst (0.97), supplier_vendor (0.78), journalist_researcher (0.95)","focusai_suggestions":[{"label":"GST Valuation Impact?","query":"What specific valuation methodologies are under consideration by the Group of Ministers, and how might these changes impact the GGR and NGR of regulated operators within the Indian market?"},{"label":"Regulatory Body Scope?","query":"How might the proposed independent regulatory body for fantasy sports influence the broader B2B\/B2C licensing and compliance landscape for other gaming verticals in India?"}],"footnotes":""},"categories":[154,158,16334],"tags":[23911],"class_list":["post-18331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-slider-home","category-south-asia-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=18331"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18331\/revisions"}],"predecessor-version":[{"id":18382,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18331\/revisions\/18382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18381"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=18331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=18331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=18331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}