Online Gaming in India: Rising GST Rates Spark Concerns of Mass Job Losses in Indian Gaming Companies

The recent decision by the GST council to increase indirect taxes on online gaming is causing concern among companies, who believe it will have detrimental effects on India’s online gaming industry. They argue that this decision will render the legitimate online gaming industry unviable, leading consumers to turn to offshore and illegal platforms that do …

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FM Sitharaman: Online Gaming Sector Awaits Taxation Policy Finalization to Attract Investment

The Finance Minister, Nirmala Sitharaman, stated on Tuesday that the GST Council is currently discussing the taxation policy for online gaming. She expressed confidence that once the policy is finalized, the sector will attract investments. Minister Sitharaman’s comments came in response to a question from Krafton, a Korean gaming company, regarding India’s plans to attract …

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