Imagine, playing an online card game online and paying 28 per cent GST on each buy-in. Such a tax regime would defeat the purpose of enabling IT Rules.
The draft amendments envision an obligation for online gaming intermediaries to verify identity of all customers when they register new account for playing games.
CM Stalin says MLAs can't have difference of opinion over 'gambling that kills people' and 'interferes with studies', adds that online gambling has claimed 41 lives.
Union IT minister says there is need for central Act to regulate online gaming, which was state subject till now. MeitY had released draft rules for online gaming in December.
MeitY's draft online gaming rules has started a conversation about safety of women gamers, who say not just KYC, moderation & combating anonymous accounts also needed.
The rules mandate extra safeguards and KYC procedures to be followed by gaming intermediaries, but jurisdictional issues and concerns over definitions need to be addressed.
The much-awaited regulations will shape the future of India's gaming sector that research firm Redseeer estimates will be worth $7 billion by 2026, dominated by real-money games
Rummy is a traditional card game that has been an integral part of Indian culture. The existing popularity of the offline version has fuelled the popularity of the online one.
All India Gaming Federation, E-Gaming Federation, and Federation of Indian Fantasy Sports, which represent over 90% of online skill gaming market in India, issued joint statement Wednesday.
Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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