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Online Gaming in India, GST Council recently decided to impose the top 28%…
Online Gaming in India
Online gaming
in India
Registering a growth rate of 38%, online gaming is the next sunrise industry.
There are more than 400 gaming companies in India, and it is home to 420 million online gamers, second only to China
It witnessed an unprecedented rise, catapulting it to the top five mobile gaming markets in the world.
Types of popular
gaming
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Fantasy sports (choosing real-life sports players and winning points based on players’ performance) ex. MPL cricket
Gamble (based on random activity) ex. Playing Cards, Rummy
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GST Council recently decided to impose the top 28% slab on online gaming, horse racing, and casinos.