GST applicability
As per the new GST framework for online gaming in India, GST is applicable on the full deposit amount at the time of entry. The current GST rate applicable to online gaming platforms is 28% on the deposit amount.
LudoKhelo
Tax Policy
This page explains how Goods and Services Tax (GST) is applied to transactions on the LudoKhelo platform, in compliance with Indian tax regulations.
As per the new GST framework for online gaming in India, GST is applicable on the full deposit amount at the time of entry. The current GST rate applicable to online gaming platforms is 28% on the deposit amount.
GST is calculated on the deposit amount made by the user. For example, on a deposit of Rs.100, the GST component would be settled in accordance with the applicable GST rates and regulations.
Winnings from skill-based games are accounted for separately. Tax Deducted at Source (TDS) may be applicable on net winnings exceeding the threshold as specified by the Income Tax Act.
Users can view their transaction history and GST-related details from the Wallet section. LudoKhelo maintains proper records of all transactions as required by the GST framework.
GST rates are determined by the Government of India and may change from time to time. LudoKhelo will update its GST policy in accordance with the latest applicable GST rates. For detailed and current GST schedule, please refer to the official GST portal.
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