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

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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 ta

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.

Any decision on this in the upcoming meeting of India's goods and services tax council on Dec. 17 will be contingent on availability of the report which has yet to be finalized, the official said. Those planned regulations will apply to all real-money games after the prime minister's office overruled a proposal to only regulate games of skill and leave out games of chance, Reuters reported on Sunday.

 

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