The recently proposed 28 per cent goods and services tax( GST) on online games involving real money will not impact the taxation on e-sports, such as FIFA and League of Legends, or leading titles on PlayStation, Xbox, and Nintendo platforms....
The higher tax rate will be solely levied on pay-to-win games, such as fantasy sports, rummy, and poker, which have the scope of monetary gains....
“ E-sports and video games, intended purely for entertainment and not involving betting, gambling or any
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2023-08-24 00:00:00.0