The center will prohibit all “money -based gaming transactions” under the proposed gaming and promotion law on the Internet. On Tuesday, the Cabinet, which is headed by Prime Minister Narendra Modi, approved the online gaming bill, making betting on the Internet a crime punishable.
The sources told Today TV that under the draft law, no bank or financial institution will be allowed to allow money to transfer to money games online. The legislation also suggests a ban on real money games ads, while promoting electronic sports and non -seminal games online. The bill is expected to be presented in Locke Sebha tomorrow.
The new draft law aims to regulate the sector worldwide and make digital betting a crime punishable. It addresses concerns about addiction, fraud, and gambling laws at the state level, with a more supervising supervision of platforms that offer real games. It is expected that the legislation will enable the Ministry of Information and Information Technology as the central organizer and allow the authorities to prevent unregistered or illegal sites.
Online games were under the tax scanning since October 2023, when the government imposed a 28 % tax and services tax on such platforms. From fiscal year 25, a tax on the online games is imposed by 30 %, and games operators are placed abroad under the tax network. The authorities also have the authority to prevent unregistered or illegal sites.
In December 2023, new criminal rulings were entered under Bharatiya Nyaya Sanhita, making unauthorized betting on imprisonment for up to seven years. However, since “betting and gambling” falls under the state’s list of the constitution, state governments reserve the authority to act against illegal activities.
The center has already banned more than 1,400 sites and gambling on sites and applications between 2022 and February 2025. To address the increasing concerns of addiction, the Ministry of Education issued consultations for parents and teachers, while the Ministry of Information and broadcasting has directed broadcasters to evacuate the breach of financial risks and potential addiction in the field of advertising.
https://akm-img-a-in.tosshub.com/businesstoday/images/story/202508/68a4772292c7a-online-gaming-has-been-under-the-tax-scanner-since-october-2023–when-the-government-imposed-a-28-g-190740996-16×9.jpg
Source link