2023-12-05 09:34:03

India tax panel may not reach consensus on taxing online gaming - source

Channel NewsAsia

By Cna

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NEW DELHI : A panel of Indian state finance ministers has yet to submit its report on taxation of the booming online gaming sector that is crucial to a final decision on how the levies should be imposed, a senior government official said on Monday.

The panel has for weeks been deliberating how it should tax online gaming companies - and whether federal tax should be imposed on only the profits of firms or on the value of the entire pool of money collected from participants.

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