Union Minister of State for Electronics & Information Technology Rajeev Chandrasekhar, at the CNN-News18 Town Hall in Delhi on Monday, said that amid the criticism over the 28% goods and services (GST) tax on online gaming, he would “go back to the GST council and may be request it for consideration on the new regulatory framework”.
“Goods and Services Tax (GST) Council is not the Government of India. The council is represented by all state governments. It is a federal organization. State governments and finance ministers have come together and created a GST framework. That is a consequence of three years of their work. While we may quibble with the findings, we have to recognize the process of creating a framework has started in January 2023,” he said.
"The #GSTCouncil is represented by all the state govts. It's truly a federal organisation. Centre and states have come together and created a GST framework": Union Minister Rajeev Chandrasekhar (@Rajeev_GoI) on 28% #GST on #OnlineGaming "We will go back to the #GSTCouncil and… pic.twitter.com/nQDzSStEgd
— News18 (@CNNnews18) July 17, 2023
“We are only in the nascent stages of creating a sustainable, permissible online gaming framework. It is better to slowly progress and evolve these frameworks. Prime Minister Narendra Modi has said that in digital space do everything for the next decade… It is better to do it right than to do it fast,” the minister said.
The Goods and Services Tax (GST) Council on July 11 decided to impose a 28% tax on the turnover of online gaming companies, horse racing and casinos, finance minister Nirmala Sitharaman said. The panel, headed by the Union finance minister and comprising of representatives of all states and UTs, decided on tax rate based on recommendation of a group of ministers that looked at taxing casinos, horse racing and online gaming. The tax on online gaming companies would be imposed without making any differentiation based on whether the games required skill or were based on chance.
When everyone wants you to fail, prove them wrong!: MoS Rajeev Chandrasekhar (@Rajeev_GoI) on his mantra for life, message for young India and much moreWhat this exciting conversation with @SakshiLitoriya_ at #CNNNews18Townhall #India #Politics #Technology #LifeLesson pic.twitter.com/PbrKwAGVfj
— News18 (@CNNnews18) July 17, 2023
Ahead of the 2024 Lok Sabha Elections, top policymakers and leaders discuss elections manifesto, strategies and policies at CNN-News18 Town Hall. This year’s theme, ‘Exploring India’s Path to 2024 Elections’, looks to understand how political parties plan to get the attention of the voters for the next general elections.
The discussions revolve around various topics such as policies, manifestos, and strategies employed by each party. Through this discourse, the event aims to gauge preparations of participating parties for the General Elections.
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