We all know about the 28% Goods and Services Tax (GST) levied on online gaming by the GST Council. The new tax regime announced by the Central government came into effect from 1st October 2023.
Many online poker sites have issued notifications regarding the new changes implemented on their respective sites from 1st October 2023. While the 28% GST brought gloomy clouds over the online gaming industry, MPL Poker has decided against burdening players with 28% GST.
MPL Poker announced that they will not levy any GST on the deposits made by the players. How so? Keep reading further to find out.
MPL Poker’s no GST on deposit means when you add / deposit ₹100, you will get the entire sum of ₹100 only in your deposit cash. MPL Poker has gone a step ahead and ensured that there is no change in rake or commissions. These remain unchanged, meaning players have no reason to worry.
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The leaderboard contests and marquee tournaments with hefty guarantees will run as usual on MPL Poker. Nothing has changed when it comes to the offerings of MPL Poker. You were treated to some of the best poker tournaments on the platform and that will continue. Leaderboard promotions too will offer some best-in-class rewards for players to boost their bankrolls.
ALSO READ: Tournaments Now LIVE On The MPL Poker Desktop App, Get In On The Action!
Players can rest assured that MPL Poker has not made any changes in its withdrawal process or withdrawal fees. You can carry on with your grind and enjoy your time on the platform while making some big bucks via its promotions and tourneys. Life on MPL Poker is the same as pre-GST, so make the most of it.
Currently, the Poker Master Series is running full steam on the platform. This amazing poker series offers ₹2.5 Crore in guarantee. You can participate in this series till 15th October. The Main Event of the Poker Master Series comes with a prize pool of ₹25 Lakh and ₹2,750 buy-in. So, what are you waiting for? Complete your MPL Poker download and sign up via Gutshot Magazine and get grinding.
With a Masters Degree in Journalism and Communication, Mrinal Gujare currently is cruising through an exciting genre of writing and editing at Gutshot Magazine. Apart from being an Editor, Mrinal is an avid reader and a former contemporary dancer. She is also perennially hungry for intriguing scoops from across the globe. No holds barred is the rule Mrinal follows in life.
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