GST on Online Gaming: 40% Sin Category! Forward & backward shifting of Taxes explained with MCQ скачать в хорошем качестве

GST on Online Gaming: 40% Sin Category! Forward & backward shifting of Taxes explained with MCQ

1. 👩🏻‍🏫 Join Unacademy course for UPSC preparation https://unacademy.com/goal/upsc-civil... 2. 📘 Amazon pe Mrunal’s Economy Book: https://amzn.to/3GO6jVS 3. 📆 Free Annual economy updates Win25: Mrunal.org/win25 4. 💾 Free Download the topicwise PYQ paperset, monthly current affairs magazine, & more from https://unacademy.com/content/upsc/do... ⏳ Video Timestamps 00:00 🎲 Bad luck in fantasy sports? 00:48 📝 Today's session outline. 01:40 ❗ Understanding the societal concern: Gambling addiction. 02:28 💰 The big news: GST Sin Category and the 40% proposal. 02:47 ⚖️ The key difference: Bet vs. Platform Fees. 03:20 ➡️⬅️ Forward & Backward shifting of Tax explained. 08:08 ✍️ UPSC CAPF practice MCQ. 09:25 🧑‍🏫 Babushone vs. Teachers. 10:21 🎓 An overview of Unacademy UPSC Coaching. 11:22 ✨ Choosing your plan: Plus vs. Iconic. 12:21 📊 Analyzing GST collection on gaming so far. 13:54 🗣️ The debate: Anti-arguments, pros and cons. 14:57 🏛️ The crucial role of the GST Council. 15:46 ➕ Practice Maths MCQ on Averages. 17:15 🧠 Smart calculation tricks. GST Restructure Plan Explained by Dr. Mrunal Patel | UPSC & Competitive Exams Join renowned UPSC educator and economy expert, Dr. Mrunal Patel, as he breaks down the proposed GST regime overhaul in India, a critical topic for UPSC, IAS, and other competitive exam部分 System: exam aspirants. In this comprehensive session, Dr. Patel will cover the proposed GST rate hike to 40% for “sin and demerit” goods, including online gaming, pan masala, tobacco, cigarettes, luxury cars, and SUVs. Learn how this change could impact the online gaming industry, which has faced challenges with the existing 28% GST rate, and understand the fiscal benefits for Central and state governments. Dr. Patel will also dive into the economic rationale behind the move, addressing concerns about excessive time and money spent on online gaming platforms, with UPI transactions averaging over Rs 10,000 crore monthly in 2025-26. He will explain key economic concepts like **forward and backward tax shifting**, helping aspirants grasp how tax burdens are distributed between producers and consumers. Key Points Covered: **GST Rate Hike**: Why online gaming is classified as a “sin and demerit” good, aligning with India’s social ethos. **Revenue Impact**: How the 28% GST rate led to a 412% revenue surge to Rs 6,909 crore in six months, as stated by Union Finance Minister Nirmala Sitharaman. **Economic Concerns**: Insights from Chief Economic Advisor V Anantha Nageswaran on the Rs 1.2 trillion annual spend on online gaming. **Policy Implications**: Potential inclusion of online gaming under anti-money laundering laws with stricter KYC norms. **Industry Stats**: FICCI-EY report highlights $2.7 billion revenue and 155 million users in 2024. Perfect for UPSC, State PSC, and other competitive exam aspirants, this session will equip you with the knowledge to tackle economy-related questions with confidence. Dr. Patel’s clear and engaging teaching style ensures you understand complex topics like tax incidence and fiscal policy effortlessly. *Subscribe* for more expert-led sessions on economy, current affairs, and UPSC preparation! **SEO Tags**: #UPSC #Economy #GST #OnlineGaming #Taxation #CurrentAffairs #MrunalPatel #CompetitiveExams #IASPreparation #FiscalPolicy #TaxShifting #IndianEconomy #UPSC2025