"Online Gaming-here's how the new taxation effectively cascades from 28% to over 50%" by D. Kumar
"Online Gaming-here's how the new taxation effectively cascades from 28% to over 50%" by D. Kumar

The objective of the GST regime was to bring in simplicity and reduce ‘cascading tax effect’ by a single, unified tax in the form of GST. The decision to tax the same rupee over and over again goes against the principle of GST and principle of equity, and it heavily penalises the digital businesses, particularly, online gaming companies.

For more, click here