Ministerial group to finalize report on horse racing, casinos, online gaming in a week (6th September, 2022)

With the advent of technology and the use of handheld devices, the online gaming market is fast growing at dollar three billion with more than 400 million users, and is expected to grow rapidly in next half a decade, said Ankur Gupta, Practice Leader (indirect tax) at SW India, a taxation and consulting firm. It is important to put taxability at par with global tax rates so that the Indian industry remains competitive, said Gupta. 

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