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.
I think the comment implies it might not be for traditional gaming but rather mainstream gambling and apps like candy crush? Feel free to correct me if I’m wrong.
From what I read, the tax is on online gaming as in gambling, apps, not gacha-style microtransactions. Still a good thing though.
What’s the difference?
I think the comment implies it might not be for traditional gaming but rather mainstream gambling and apps like candy crush? Feel free to correct me if I’m wrong.