BUSINESS
GST on online gaming turnover akin to scoring own goal
Globally, the taxability of the gaming industry falls within two conventional models — the gross gaming revenue (GGR) and turnover tax. The GST Council’s recommendations combine the most onerous attributes of both the tax models of levy — a higher tax rate in a turnover tax model setting — to create an extremely unfavourable regime for the industry
BUSINESS
Digital Taxes | Uncertainty shrouds India’s equalisation levy
The OECD’s recent decision, which could address the tax challenges arising from the digitalisation of the economies, puts India in a tight spot
