- Karnataka Minister Priyank Kharge calls for coordinated legislative efforts to address online gaming challenges
- Lack of unified legal framework pushes Indian gamers to foreign platforms, causing enforcement issues and revenue loss
- Maharashtra Deputy Chief Minister also supports a national law for online gaming regulation
- Fantasy sports, Sudoku, and chess are categorized as games of skill but should not involve betting
- India has nearly 590 million gamers, with 140 million paying users
- 28 percent GST on online gaming drives users to platforms in Eastern Europe, South America, and China
- Overseas platforms attract Indian players with offers like No GST and No KYC
- Kharge warns of difficulties in regulating the sector without a robust law from central and state governments
- Ongoing debates in the Assembly focus on the social and economic impact of online gaming and legal definitions of games
Source: a2ztaxcorp.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
