an audit of the framework<\/a> would take place in April, clarifying that this review does not necessarily mean a change in tax rates. He said the government’s overall GST collections have averaged Rs 1.7tn per month and were expected to average Rs 1.80tn to Rs 1.85tn from the next fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"The government imposed\u00a0a 28 per cent tax on online gaming in October.<\/p>\n","protected":false},"author":176,"featured_media":16308,"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 government projects collecting Rs14,000 crore (US$1.7bn) from online gaming companies in the next fiscal year, following the implementation of a 28% GST in October. The tax generated Rs35bn (US$421.6m) in the October-December quarter, with an audit of the framework scheduled for April, though not necessarily implying a change in tax rates.","focusai_entities":"Sanjay Malhotra","focusai_location":"India","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.9), operator_casino (0.95), affiliate_publisher (0.75), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Tax Framework Audit","query":"What specific aspects of the 28% GST framework will be subject to review during the April audit, and what are the potential implications for its long-term stability and application within the Indian iGaming sector?"},{"label":"Operator Profitability Impact","query":"How is the 28% GST impacting the gross gaming revenue (GGR) and net gaming revenue (NGR) of licensed online gaming operators in India, and what are the projected effects on market consolidation and new market entrants?"}],"footnotes":""},"categories":[157,16334],"tags":[23907,4138],"class_list":["post-777012887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-asia-news","tag-land-based-casino","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012887","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=777012887"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012887\/revisions"}],"predecessor-version":[{"id":777012904,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012887\/revisions\/777012904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16308"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}