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780 India gambles on gaming taxes: imposes 28% tax on mobile games

Business of Apps
Anne Freer @ Business of Apps 2 place · 07/17/2023 04:43 EDT

India gambles on gaming taxes: imposes 28% tax on mobile games

India has decided to impose a substantial tax on online gaming companies including app makers. The decision, announced during the 50th meeting held in New Delhi, entails treating online gaming on par with gambling, including activities like horse racing and casinos. What are the changes? Under the new levy, online games will be subject to a tax of 28% of their total value. This move signifies a notable shift in how the Indian government views and regulates the online gaming industry, aligning it with the ta

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