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online gaming: Industry will be killed and lead to thousands of job cuts: Indian Gaming companies after GST rise

The Indian GST Council s decision to levy 28 per cent GST on online gaming, casinos, and horse racing was met with criticism, with companies calling it a step toward destroying the online gaming industry. They have said that the GST might render legitimate online gaming unviable, increase the outflow of foreign exchange, and force players to migrate to offshore sites.

online gaming: Gamespotting: MeitY receives three applications for forming SROs

The ministry of electronics and information technology (MeitY) has received at least three proposals for the formation of self-regulatory organisations (SRO) for online gaming. The deadline for the submission of proposals was July 6.

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