World News@lemmy.worldEnglish · 1 year ago

India deals blow to online gaming industry with 28% tax

www.reuters.com

cross-posted to:
india@lemmit.online

118

India deals blow to online gaming industry with 28% tax

www.reuters.com

Falastin@lemmy.world to

World News@lemmy.worldEnglish · 1 year ago

cross-posted to:
india@lemmit.online

India's government on Tuesday said it would impose a 28% tax on funds that online gaming companies collect from their customers, in a blow to the $1.5 billion industry that has surged in popularity and attracted foreign investment.

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1 year ago
Modi is least bothered by financially predatory behaviour, his govt is desperately trying to raise funds.

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