Many Crucial Points Are Still Not Clear Of New Higher Tax Slab On Online Gaming Companies
All online gaming companies have written to the ministry of information and technology to give clarity on the various aspects of the higher taxation imposed on the online gaming industry in the country. The points which gaming companies have raised will determine whether gamers will continue to come with skyexchange login id or they will reduce their duration and frequency of gaming. The direction of the online gaming industry in the country will be determined within the next few weeks. The crucial points include whether the gamer who comes to play on any online gaming platform needs to pay tax every time . If she has to pay tax on the face value of the ticket or bet every time she wants to play, then it will be disastrous from a gamer's point of view. Gaming companies were hoping that tax would be on the total gross revenue of the platform. In that case, at least big and established online gaming companies would have taken some comfort. But the face value of every bet incr...