The Centre on Thursday notified norms to regulate the online gaming sector wherein real money games involving wagering or betting have been prohibited. The industry on Thursday said the new rules for online gaming will spur innovation, boost investor confidence and weed out gambling platforms while making the sector globally competitive, as per a PTI report. All India Gaming Federation …
Despite the massive growth in the “online gaming” sector in India, the latest changes in the taxation structure may make it difficult for gaming companies to survive the next two years of economic turmoil. But this growth now faces uncertain times because of the planned changes with taxes on online games, which could push Indians towards offshore gaming companies. Foreign …