GST on online gaming may be raised from 18% to 28%: Reports

The Group of Ministers has recommended casinos, racecourses and online gaming shall be taxed under the 28% GST slab, reports said on Tuesday. Currently, online gaming is taxed at 18% of the platform fee, which works out to 5-20% of the contest entry amount. Chance gaming like racing, betting and lotteries are taxed at 28% of the contest entry amount.