Wednesday, March 29, 2023

Online Gaming Industry Thanks Government for TDS Amendments

The online gaming industry was earlier deducting TDS as per section 194B of the Income Tax Act which taxed winnings over a threshold of INR 10,000. In Budget 2023, the Finance Minister proposed to create a new section 194BA for online gaming and proposed to levy a 30% TDS on net winnings

from Top Sports News- News18.com https://ift.tt/h3VkFnt

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