The government has made the mind of fully banned on online gaming. It has been arranged for the arrangement of online gaming or advertising on online gaming or ads related to money. It has been separated from e-sports or online social games. This bill will be submitted in Parliament today.
The bill proposes that anyone who violating the prescribed provisions and can be a fine of Rs 1 crore to Rs 1 crore. Violations of the rules can also be a fine of administration for the administrators of advertising by violating the rules or Rs. 50 lakhs. In addition, people involved in any transactions can be a five-year capture or both a fine of Rs 1 crore. Online money can also be fine with imprisonment (3-5 years) on making repeated crime for violating.
Let’s tell that online gaming is already in the range of taxes. The Modi government has applied 28 per cent of Genesi on the online gaming platform in October 2023. In this financial year, it has been taxed on 2 per cent more than 30 per cent tax on winning online games since the fiscal year 2025.
The Union government continues to take drastic action against online betting and associated sites. In 1422 to February 2025, apps have been blocked on more than 1400 betting and gambling sites. The information and broadcast ministry has directed the financial risk and potential disclaimer disclaimers in the gameing ads.
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