{"id":64542,"date":"2023-07-17T18:39:43","date_gmt":"2023-07-17T13:09:43","guid":{"rendered":"http:\/\/finservwealth.com\/gst28-higher-tax-burden-lower-winnings-may-drive-gamers-to-grey-market\/"},"modified":"2023-07-17T18:39:43","modified_gmt":"2023-07-17T13:09:43","slug":"gst28-higher-tax-burden-lower-winnings-may-drive-gamers-to-grey-market","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/gst28-higher-tax-burden-lower-winnings-may-drive-gamers-to-grey-market\/","title":{"rendered":"GST@28%: Higher tax burden, lower winnings may drive gamers to grey market"},"content":{"rendered":"<p> Deducting tax at source on the winning amount, in addition to taxing the full value of the money wagered, will have a significant impact on the prize pool and incentives for players.<\/p><div id=\"finse-3275402449\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/entertainment\/gst@28-higher-tax-burden-lower-winnings-may-drive-gamers-to-grey-market_17116121.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0Deducting tax at source on the winning amount, in addition to taxing the full value of the money wagered, will have a significant impact on the prize pool and incentives for players. Deducting tax at source on the winning amount, in addition to taxing the full value of the money wagered, will have a significant impact on the prize pool and incentives for players.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/entertainment\/gst@28-higher-tax-burden-lower-winnings-may-drive-gamers-to-grey-market_17116121.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> Deducting tax at source on the winning amount, in addition to taxing the full value of the money wagered, will have a significant impact on the prize pool and incentives for players.<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/entertainment\/gst@28-higher-tax-burden-lower-winnings-may-drive-gamers-to-grey-market_17116121.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0Deducting tax at source on the winning amount, in addition to taxing the full value of the money wagered, will have a significant impact on the prize pool and incentives for players. Deducting tax at source on the winning amount, in addition to taxing the full value of the money wagered, will have a significant impact on the prize pool and incentives for players.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/entertainment\/gst@28-higher-tax-burden-lower-winnings-may-drive-gamers-to-grey-market_17116121.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> Deducting tax at source on the winning amount, in addition to taxing the full value of the money wagered, will have a significant impact on the prize pool and incentives for players.<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-64542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2022\/200x200\/G\/Gaming_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/64542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=64542"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/64542\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=64542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=64542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=64542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}