Even as the industry deals with the fallout of the new goods and service tax (GST), online gaming companies have come up with a new idea to avoid losing customers – by absorbing the GST deduction and compensating users for it for at least the next two to three years.
The move comes after amended legal provisions and rules for online gaming, horse racing and casinos kicked in from October 1, bringing into effect the 28 per cent tax at face value at entry level under the GST regime.
Register to continue reading this story
Google
Facebook
Email
Already have an account? Sign in
E-gaming cos look to absorb GST through cashbacks, bonuses
