Asia
India: Panel Tasked with Submitting a Report on iGaming Taxation Proposal Yet to Submit its Findings

A panel of Indian state finance ministers tasked with submitting a report on proposed taxation of the booming iGaming sector has yet to submit its findings.
The report is crucial to a final decision on how the levies should be imposed, a senior government official said.
However, the panel is unlikely to reach a consensus this month, the official added.
The panel has for weeks been deliberating how it should tax online gaming companies, and whether federal tax should be imposed on only the profits of firms or on the value of the entire pool of money collected from participants.
The move to set a new taxation regime for online gaming comes as the sector keeps gaining momentum in India. The increasing popularity of real-money iGaming has prompted foreign investors including Tiger Global and Sequoia Capital to back local gaming startups such as Dream11 and Mobile Premier League, popular for their fantasy cricket games.
-
Latest News1 day ago
Best Crypto Casinos in 2025 – Top 10 Bitcoin Casino Sites, Rated by Experts
-
eSports6 days ago
2025 PUBG MOBILE WORLD CUP FINALISTS LOCKED IN AS 16 TEAMS MAKE THE CUT
-
Africa1 day ago
VeliTech Announces Strategic Partnership with Jambobet
-
Asia7 days ago
Scientific Games Wins Top Honors for Organizational Excellence in India
-
Latest News6 days ago
Experience the thrill of a Vegas night in Neon Paradise: Hold & Win from ICONIC21
-
Latest News6 days ago
Brightstar Lottery Reports Second Quarter 2025 Results
-
Latest News6 days ago
Play’n GO Buffalo of Wealth charges onto the reels with mighty power
-
Gaming6 days ago
Meet Dodo: The New Home for Crash Gaming Fans