What's your view on GST on online gaming (aka satta), was legalizing it was good idea?
In a recent interview following the presentation of the Interim Budget, Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxe...
https://insider99.com/en-in/surge-in-gst-collections-from-online-gaming-signals-growth-in-sector/
MuchosGracias
Stealth
8 months ago
Increasing the tax slab and putting 1000s of skilled employees out of work because of the perceived ‘sin’ aspect of RMG was heavy handed and short sighted
A better way to implement would have been to cap spends and reduce ability to transact huge amounts over a predefined period of time
The small chit gambler can continue and the govt could have imposed a much more workable tax rate
Now nobody wins. RMG shuts down, taking with it a viable revenue stream, and the gambler will continue to find other ways to waste money
This stupid country needs to revisit its definition of what is ‘good vs bad’
Intresting perspective, There should have been an better way to handle it.
Looks like they intentionally did it for sake ot GST collection.
MuchosGracias
Stealth
8 months ago
Now they’ll collect 28% of 0. Well done Nirmala
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