Gamers put real money on table ahead of 28% tax regime
Synopsis
Platforms make special offers to lure heavy-duty gamers in the past 2 months; some clock as much as 300% surge in daily deposits.
Gamers and gaming influencers tanked up their deposits with real-money gaming platforms in the past two months, anticipating the introduction of the 28% goods and services tax (GST) on deposits. The levy came into effect from Sunday. Some gaming platforms saw as much as a 300% surge in daily deposits made by users, ET has learnt.While some exhausted their UPI deposit limit of <Rupee>1 lakh per day on most days in August and September, other
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