Government tries its luck at real-money gaming tax
The argument that real-money gaming is essentially gambling and that the sector was always supposed to pay a higher tax stands on shaky ground.
We rarely make our stories free to read. This one is, so make the most of it.
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
No payment details required
$99 for one year
More in Internet
You may also like
Impact of real-money gaming ban on payment gateways is overstated
The loss of business could dent volumes, but should have next to no effect on the bottom line of payment companies
Is real-money gaming truly a public health crisis?
The Indian government has banned online real-money gaming citing health concerns, but the evidence for treating it the same way as drugs or tobacco remains thin.
The real-money gaming ban and the defeat of logic in India
The complete ban on online gaming involving money is just the latest example of a country running on a whim. To anyone doing business in India, this should serve as a reminder that the axe of high-handed government regulation could fall at any time.