India’s online gaming industry is projected to more than double to US$ 9.1 billion by 2029, growing at a CAGR of 19.6%, driven primarily by real money gaming (RMG). A joint report by WinZO Games and Interactive Entertainment and Innovation Council (IEIC), highlights India’s mobile-first, youth-driven market, which accounts for...
The Group of Ministers (GoM) submitted its second report to address the taxation issues related to online gaming during the 50th GST Council meeting. Reviewing the report, GST Council has made the decision that online gaming, horse racing, and casinos will be subject to a tax rate of 28%. Online...
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