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Home Chandigarh

Haryana Deputy CM welcomes the decision to place online gaming in the highest tax slab of GST

admin by admin
August 4, 2023
in Chandigarh, Haryana
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Haryana Deputy Chief Minister, Sh. Dushyant Chautala has welcomed the decision of the GST Council to place the money levied on online gaming in the highest tax category.        He said that any monetary exchange in online gaming whether in casino or betting or horse racing etc. will now be placed under 28 percent GST slab. With this, the country earns more revenue and illegal tax evasion will be curbed.        Sh. Dushyant Chautala was  interacting with media persons  at Haryana Bhawan in Delhi after attending the GST Council meeting.        The meeting of  GST Council was chaired by Union Finance Minister, Smt. Nirmala Sitharaman.        The Deputy Chief Minister, Sh. Dushyant Chautala, who also holds the portfolio of Excise and Taxation Department  attended the meeting through video conferencing from Haryana Bhawan.        The  Deputy Chief Minister said that efforts were being made for the last three years to bring online gaming in the highest tax slab. He said that now it has been agreed to levy one time 28 percent tax on the basis of face value in online gaming and apart from anything above than such as commission or platform fee etc. will not be taxed again. This suggestion was given by the online gaming companies to avoid multiple tax points. He said  that it was also suggested in the GST Council meeting from Haryana that if crypto currency is used in such trade purchases, then the Law Commission should monitor it and regularize it as well.         Sh Dushyant Chautala said that the council has also agreed to Haryana’s suggestion that in the next meeting of the council, the trading in crypto currency will be completely monitored and regulation will be brought on it. Apart from this, mobile applications (apps) run by foreign companies in India by declaring them as their agents in the country will have to be completely coordinated with the laws of the country to avoid tax evasion. From now on, online gaming money will be regularised and monitored to a great extent. Haryana had earlier also issued notices to three companies, he added.        While  responding to a question regarding the violence that took place in Nuh district on July 31, the Deputy Chief Minister said that the Haryana government took serious action on this incident. Companies of Haryana Police and Paramilitary Police Force were deployed. The IRB battalion is permanently stationed there and now the situation is completely under control. A small dharna was organized today at Delhi’s Badarpur border toll plaza, that too was opened on time. Peace teams were activated which played a vital role in restoring peace.        He said that the incident that has happened is being monitored in different ways, more than 40 FIRs have been filed, and more than 90 people have been arrested. He said that action is being taken against those involved in vandalism and spreading violence.No. IPRDH/2023

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