Retro tax waiver set to ease gaming companies Rs 1 lakh core tax pain

The Goods and Services Tax (GST) council’s recommendation to add an amendment to allow the government to overrule retrospective tax demands has the potential to resolve pending indirect tax cases running in the tunes of ₹1 lakh crore against companies in India’s cash-rich real money gaming (RMG) sector, but is only the first step to resolving issues around such demands, senior lawyers and industry executives said.