the GoM could not reach a consensus <\/strong>on how to tax online games or whether to categorise them as games of skill or chance.<\/p>\n\n\n\nAt present, online skill gaming is taxed at 18 per cent of the gross gaming revenue, while betting and gambling are taxed at 28 per cent on full amounts. Reports suggest the GoM was in favour of applying 28 per cent GST to the full value but could not reach a consensus. Some fear an increase in taxes could encourage players to choose illegal gambling websites that do not deduct taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"
The GST Council may discuss the taxation of online gaming, horse racing, and casinos at its upcoming 50th meeting.<\/p>\n","protected":false},"author":176,"featured_media":34643,"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 GST Council is slated to discuss the taxation framework for online gaming, horse racing, and casinos at its 50th meeting, likely in June. A primary challenge remains the Group of Ministers' inability to achieve consensus on classifying online games as skill or chance, which dictates the applicable GST rate and tax base. Industry stakeholders express concern that an increased tax burden, potentially 28% on the full value, could inadvertently foster regulatory arbitrage and drive consumers towards illicit platforms.","focusai_entities":"GST Council, Group of Ministers, GoM, Conrad Sangma","focusai_location":"India, Meghalaya","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.95), operator_casino (0.98), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9), payments_fraud_aml (0.75), marketing_crm (0.7)","focusai_suggestions":[{"label":"Skill vs. Chance Definition?","query":"What specific methodologies are being considered by the GoM for distinguishing between games of skill and chance for GST purposes, and how will this impact the tax base calculation?"},{"label":"Impact on GGR\/NGR?","query":"What is the projected impact on the Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) of licensed operators if a 28% GST is applied to the full value of bets, rather than GGR?"}],"footnotes":""},"categories":[154,16334],"tags":[23911],"class_list":["post-777003665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-south-asia-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003665","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=777003665"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003665\/revisions"}],"predecessor-version":[{"id":777003700,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003665\/revisions\/777003700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/34643"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777003665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777003665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777003665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}