Moneycontrol PRO
you are here: HomeNewsOpinion

Online gaming faces a moment of reckoning

A steep increase in GST rates on all gaming could halt the nascent sector’s growth. Government regulation matched with a sensible approach to taxation are called for

November 25, 2022 / 08:50 AM IST
Online gaming faces a moment of reckoning

Representative image

Highlights GoM fails to reach a consensus on tax treatment of online games, proposes a flat rate of 28 percent on all online games The ball is now in GST Council’s court to decide on rates The big controversy is over recognising the difference between skill and chance, and has implications for growth of online gaming Important to iron out ambiguities and provide a stable tax regime Taxing the online gaming industry is turning out to be a taxing issue for political leaders and...

  • PRO Panorama

    Moneycontrol Pro Panorama | Vistara-Air India merger: Indian aviation is flying into interesting times

    Nov 30, 2022 / 02:47 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Oil price caps seem futile, demands for benefit pensions gather steam, OPEC cuts oil production amid China crisis, what Q2 GDP says about Indian economy, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers