Gaming bodies write to Amit Shah; urge to block blanket ban, warn of Rs 20,000 crore tax loss

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India’s leading online gaming industry associations have urged home minister Amit Shah to intervene in the government’s proposed Promotion and Regulation of Online Gaming Bill, 2025, warning that a blanket ban on real-money games could cripple the sector, cost the exchequer nearly Rs 20,000 crore annually in taxes, and drive crores of users to unsafe offshore operators.

In a joint representation, the All India Gaming Federation (AIGF), E-Gaming Federation (EGF) and Federation of Indian Fantasy Sports (FIFS) said the draft law which seeks to…



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Gaming bodies write to Amit Shah; urge to block blanket ban, warn of Rs 20,000 crore tax loss


India’s leading online gaming industry associations have urged home minister Amit Shah to intervene in the government’s proposed Promotion and Regulation of Online Gaming Bill, 2025, warning that a blanket ban on real-money games could cripple the sector, cost the exchequer nearly Rs 20,000 crore annually in taxes, and drive crores of users to unsafe offshore operators.

In a joint representation, the All India Gaming Federation (AIGF), E-Gaming Federation (EGF) and Federation of Indian Fantasy Sports (FIFS) said the draft law which seeks to…



Source link

Disclaimer

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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