GST clarity crucial for Indian fantasy sports industry to drive investments, FDI2 min read . Updated: 06 Feb 2022, 05:11 PM IST
- It is imperative for regulators to take stock of the potential fantasy sports sectors hold while ensuring their revenues are taxed based on a valuation model that distinguishes between games of skill and games of chance
NEW DELHI: With the exponential growth of fantasy sports and the potential benefits to India's digital economy, a new whitepaper recommends providing tax certainty to the industry as well as ensuring an optimal tax rate as essential factors for attracting investments, FDI, and ensuring the growth of tax revenue for the government.
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