Government Directs Online Gaming Companies to Deduct Tax at Source if Players Claim Their Winnings

[ad_1] Online gaming companies will be required to deduct taxes at source if players claim their net winnings, including bonuses or incentives, according to guidelines issued by the Central Board of Direct Taxes. However, bonuses or incentives will not be taxed if they are not claimed or withdrawn, the agency said. Net winnings will be … Read more