Tax Tsunami Sweeps Betting Giants Off Indian Shores: 7Cric Steadfast Amid Turmoil
Online Gambling Stricture: A Prelude The recent tax increase in India from 18{66b0acea7e44836f9b35d2e1dfd840ac263b1a1482ef1ea42798163685e86d37} to 28{66b0acea7e44836f9b35d2e1dfd840ac263b1a1482ef1ea42798163685e86d37} on Gross Gaming Revenue (GGR) has led to significant challenges for online gaming companies operating in the country. This tax hike was announced by the Indian government, aiming to impose a 28{66b0acea7e44836f9b35d2e1dfd840ac263b1a1482ef1ea42798163685e86d37} tax on the funds that online gaming companies…
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