Globally, the taxability of the gaming industry falls within two conventional models — the gross gaming revenue (GGR) and turnover tax. The GST Council’s recommendations combine the most onerous attributes of both the tax models of levy — a higher tax rate in a turnover tax model setting — to create an extremely unfavourable regime for the industry
Globally, the taxability of the gaming industry falls within two conventional models — the gross gaming revenue (GGR) and turnover tax. The GST Council’s recommendations combine the most onerous attributes of both the tax models of levy — a higher tax rate in a turnover tax model setting — to create an extremely unfavourable regime for the industry Globally, the taxability of the gaming industry falls within two conventional models — the gross gaming revenue (GGR) and turnover tax. The GST Council’s recommendations combine the most onerous attributes of both the tax models of levy — a higher tax rate in a turnover tax model setting — to create an extremely unfavourable regime for the industry Moneycontrol Latest News Read More
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