"Operating costs of gaming companies have increased by 4x to 6x times after the implementation of 28% GST on deposits. Companies are trying to offset this increased cost by reducing their marketing budgets, laying off employees and adoption of other cost-cutting measures at different levels to survive," said Aman Gupta, VP, finance, Witzeal Technologies, a gaming company that operates the popular Big Cash platform.
As per reports, major industry players have already started providing special cashback offers and incentives to offset the GST burden on players.
Diese Geschichte stammt aus der February 11, 2024-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der February 11, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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