Companies Implement New Measures to Mitigate Tax Burden in Online Gaming
Companies that operate online games involving real money are implementing new strategies to discourage frequent player withdrawals. The goal is to mitigate the effects of an increased indirect tax burden and enhance their earnings. These measures are being put in place in response to the new Goods and Services Tax (GST) regime, which imposes a 28% GST on player deposits since October of last year.
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