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Real life's Good and Simple Tax

Tax revenue could drain away if rampant GST-free activity takes place in cyberspace

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A still from EVE Online’s virtual universe. Photo: EVE Online

Ashish Sharma
On July 1, the Indian government rolled out the Goods and Services Tax, or GST. Branding it as Good and Simple Tax to assure real-life players that the new taxation system wouldn’t be damaging to real-life fun, Prime Minister Narendra Modi said GST was not just an economic reform but a social reform that would nudge people towards honesty and benefit poor the most. Okay, but this social reform doesn’t really concern me because, although it casts a wide tax net on goods and services, it leaves out the one thing I care about most: virtual good. 

As a result,