The Goods And Services Tax Committee Fail To Reach Consensus On Gambling

Anil Panesar - Senior WriterAnil Panesar - 21 December 2022 in News

The Goods and Services Tax (GST) committee in India has failed to reach an agreement on the newly suggested 28% gambling tax. This tax would be applicable to land-based and online gambling facilities. Read on below to see why the council cannot come to a cohesive agreement.

The Foreign Disagreement At Hand Surrounding The New 28% Tax

The council is undecided on whether to implement the tax rise due to foreign companies. One side of the council thinks the country should go ahead and implement the gambling tax rise of 28% for all local gambling businesses.

On the other side of the party, however, people are arguing that this will kill local business opportunities based on foreign tax. Their argument highlights the fact that most online gambling companies operate out of so-called tax haven countries. These give operators a massive tax break.

That side of the party, therefore, argues that it will jeopardize Indian business growth. The Indian gambling companies will not be able to compete with the foreign companies solely because they won't be able to afford to. However, this is not the only disagreement afoot.

The Question OF Game Of Skill Vs. Game Of Chance

Certain casino games can be divided into either games of skill or games of chance. Buying a lottery ticket, for example, is purely a game of chance. On the other hand, playing poker requires a certain level of skill and know-how from the player.

The council asked the GST task force to differentiate between what India would class as games of skill and games of chance. The council has failed to do so and instead insists on charging a blanket rise of 28% to all gambling activities. Therefore, they cannot come to an agreement as to what should be taxed and not.

Where To From Here For The New Tax Bracket

The biggest thing that needs to happen is consensus. The GST committee needs to come to an agreement on the tax rise, whether it will affect the economy in a negative or positive way, and exactly which games the rise will apply to.

Until then, they will remain at loggerheads. The council most recently met on the 17th of December. At that virtual meeting, online gambling was not addressed. This means the jury is still out on what to do with gambling tax.

Where To Find Indian Friendly Online Casinos

Players from India can find multiple Indian real money online casinos at our site. We even have a specific Rupee Casino page for anyone looking to gamble solely in Rupees. Browse through our site to find the perfect gambling online destination for you.

Top-Rated Indian Casinos With Free No Deposit Bonuses In February 2023

1
Exclusive
100
No Deposit Free Spinson Mystical Zodiac
  • Wagering: 50x Bonus Wager
  • Max Cashout: ₹20
  • Games: Mystical Zodiac
2
Exclusive
60
No Deposit Free Spinson Classic Sevens
  • Wagering: 50x Bonus Wager
  • Max Cashout: ₹20
  • Games: Classic Sevens
3
NewExclusive
10
No Deposit Free Spinson Book of Dead
  • Wagering: 35x Bonus Wager
  • Max Cashout: ₹50
  • Games: Book of Dead
4
NewExclusive
10
No Deposit Free Spinson Gold Volcano
  • Wagering: 50x Bonus Wager
  • Max Cashout: ₹100
  • Games: Gold Volcano
5
NewExclusive
30
No Deposit Free Spinson Lucky Lucky
  • Wagering: 50x Winnings
  • Max Cashout: ₹50
  • Games: Lucky Lucky
6
Exclusive
50
No Deposit Free Spinson Boom Galaxy
  • Wagering: 50x Bonus Wager
  • Max Cashout: ₹20
  • Games: Boom Galaxy
₹500
No Deposit Bonus
  • Wagering: 35x Bonus Wager
  • Max Cashout: ₹3950
  • Games: Pokies
Claim Now Bonus Code:B500B
8
Exclusive
50
No Deposit Free Spinson Mahiki Island
  • Wagering: 50x Bonus Wager
  • Max Cashout: ₹20
  • Games: Mahiki Island
9
NewExclusive
15
No Deposit Free Spinson Wild Cash
  • Wagering: 40x Bonus Wager
  • Max Cashout: $50
  • Games: Wild Cash
10
NewExclusive
15
No Deposit Free Spinson 9 Masks of Fire
  • Wagering: 30x Bonus Wager
  • Max Cashout: $0
  • Games: 9 Masks of Fire
11
NewExclusive
€100
No Deposit Bonus
  • Wagering: 50x Bonus Wager
  • Max Cashout: €50
  • Games: Pokies
Claim Now Bonus Code:CASINO100
10
No Deposit Free Spinson Starburst
  • Wagering: 35x Bonus Wager
  • Max Cashout: $50
  • Games: Starburst
13
Exclusive
20
No Deposit Free Spinson Book of Dead
  • Wagering: 35x Bonus Wager
  • Max Cashout: $100
  • Games: Book of Dead
Our Top Indian Online Casinos February 2023
Get Free Bonuses Weekly!

Get the hottest bonuses delivered straight to your inbox, spam free!