Business News | Online Gaming Industry Appeals Government to Advance Implementation Changes in TDS Regime to April 1, 2023
Get latest articles and stories on Business at LatestLY. E-Gaming Federation (EGF), an organization representing top online skill gaming operators in India, applauded the government for the proposed amendments in TDS on net winnings from online gaming, announced in Budget 2023-24. The industry body further urged the government to make the effective date for implementation of changes in the TDS regime to April 1, 2023. Modifying the new TDS implementation date from July 1, 2023, to April 1, 2023, would ensure no loss of revenue to the government and align it with the users' taxation based on 'n...