|
|
|
|
Online gaming is gambling like casinos: Nirmala Sitharaman
|
|
|
|
| Top Stories |
 |
|
|
|
IANS | 29 Jun, 2022
Union Finance Minister Nirmala Sitharaman on Wednesday categorically termed online gaming "nothing but gambling".
Addressing
the media at the conclusion of the two-day meeting of the Goods and
Services Tax (GST) Council held in Chandigarh, Sitharaman said casinos,
horse-racing, and online gaming are all gambling.
"Whether it is
horse-racing or online gaming or casinos, the common thread that the
Committee highlighted was they are part of betting and gaming.
"In
other words, they are essentially gambling. There may be an element of
skill in it or an element of chance in it. But essentially, all the
three are gambling," Sitharaman said.
She said the Group of
Ministers (GOM), headed by Meghalaya Chief Minister Conrad K. Sangma, on
betting, casinos, horse racing, online gaming which are taxed at 28 per
cent, was in favour of status quo in this regard.
Sangma said
the Goa Finance Minister had requested him to let him present his views
on GST on casinos at the Council meeting and it agreed to hear again on
online gaming and others.
The GOM will submit its report on July
15 and it will be discussed at the next GST Council meeting to be held
in Tamil Nadu's Madurai, the home town of both Sitharaman and Tamil Nadu
Finance Minister Palanivel Thiaga Rajan.
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹95.3
|
₹93.6 |
UK Pound
|
₹127.7
|
₹123.7 |
Euro
|
₹110.65
|
₹106.9 |
| Japanese
Yen |
₹59.75 |
₹57.9 |
| As on 24 Jun, 2026 |
|
|
| Daily Poll |
 |
 |
| What’s your biggest challenge with the 45-day payment rule? |
|
|
|
|
|
| Commented Stories |
|
|
|
|
|
|
| |
|
