Why SC’s verdict on retrospective GST levy on online gaming could be a death blow to the sector - The Indian Express

The Supreme Court on Wednesday (May 27) upheld the constitutional validity of the government’s retrospective 28 per cent Goods and Services Tax (GST) levy on online gaming companies, delivering a massive setback to the country’s real-money gaming sector. The verdict effectively revives tax demands running into nearly Rs 2.5 lakh crore against gaming firms, fantasy sports platforms and casinos, and…