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The Bill seeks to bring online gaming platforms under a legal framework and introduce penalties for gambling via digital apps
It prohibits the promotion of betting apps by renowned personalities such as celebrities and influencers
Also, a special 40% tax rate is being considered for goods falling under the “sin and demerit” category, which includes online gaming
The Union Cabinet, chaired by Prime Minister Narendra Modi, today reportedly approved the Online Gaming…
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The Bill seeks to bring online gaming platforms under a legal framework and introduce penalties for gambling via digital apps
It prohibits the promotion of betting apps by renowned personalities such as celebrities and influencers
Also, a special 40% tax rate is being considered for goods falling under the “sin and demerit” category, which includes online gaming
The Union Cabinet, chaired by Prime Minister Narendra Modi, today reportedly approved the Online Gaming…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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