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How 28% GST can be the death knell for India's gaming industry

The $3-billion Indian online gaming industry caught the eye of the world. But the 28 per cent GST on real-money gaming has brought its dream run to a screeching halt ....

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India's online gaming sector: Can it survive under the 28% GST regime?

The $3-billion Indian online gaming industry was growing smartly. Then came the onslaught in the form of the 28 per cent GST from the government. What this has done is throw the gaming industry which has also spawned unicorns into disarray, with many of them looking to downsize in the wake of the tax burden that they feel makes their operations unviable. - Issue Date: Oct 29, 2023 ....

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The Big Gaming Crisis

India’s $3-billion online gaming industry was growing smartly, with reports pegging it at $8.6 billion by FY27, growing at a CAGR of 27 per cent. But the GST Council’s decision to bring all real-money online gaming under a blanket 28 per cent GST has slammed the brakes on its growth. Can these firms emerge from this massive crisis, or will they fold under the burden? Find out in the latest issue of BT. Plus, read about the renewed IPO activity seen in the equity markets, and the reasons behind it. Also find an interview with Irdai chief Debasish Panda, who talks about the insurance regulator’s focus and plans. All that and more in the latest issue of BT. Grab your copy today. ....

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Ban on online betting will 'propel the industry to compete globally': All India Gaming Federation

The government's decision comes after challenges for online gaming in different states, based on how the government there chooses to apply anti-gambling norms. ....

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Why is India regulating online games and what does the Indian gaming industry think about this?

Indian government is proposing regulations for online games among children. Here’s a follow-up to that piece wherein we discuss why we think the centre is proposing a regulatory framework like this and what the Indian gaming industry thinks about it. ....

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