The Goods and Services Tax (GST) Council on Wednesday retained the 28% tax on online gaming, casinos and horse racing, said Union finance minister Nirmala Sitharaman.
The tax is likely to be effective from October 1, 2023, and the Council will meet again to review the taxation after six months from the date of implementation.
The Council, chaired by Sitharaman and comprising state ministers, in its last meeting on July 11 approved levying 28% tax on full face value of bets in online gaming, casinos and horse racing.
During the meeting, Delhi, Goa and Sikkim sought review of the 28% online gaming tax, stated Sitharaman during a press conference.
