Tag: Legislation
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India Ready to Regulate Online Gambling with New Draft Legislation
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The Indian Ministry of Electronics and IT (MeitY) recently announced that they had released a new draft concerning online gambling legislation in India. The draft will be reviewed, and if later approved, it will lead to the regulation of online…
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Indian Government Asks Google To Stop Running Gambling Ads, Pushes For Legislation
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For a long time, the iGaming industry in India was ignored and offshore gaming operators had a free hand offering their services to 1.2 billion Indians because iGaming is not regulated in India. However, the massive popularity and growth of…
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India Will Consider IMTF Recommendation To Pass Central iGaming Legislation
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An Interministerial Task Force (IMTF) set up by the ministry of electronics and information technology has dismissed the Public Gambling Act of 1867 as incapable of covering, dealing with, and defending activities based on digital technologies and all the other…
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Indian Government Concerned Over Tax Losses From Offshore iGaming Operators
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India continues to say no to legalized iGaming but that hasn’t stopped the iGaming industry from growing significantly in India, especially after the COVID-19 lockdown. Offshore gaming operators continue to target Indian players and make significant profits while the Indian…
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Indian Players Now Forced To Pay Taxes On Gambling Winnings Or Face Penalty
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Indian players who have earned any amount by playing and winning online games during 2021 will now have to pay taxes from their winnings. According to the Central Board of Direct Taxes (CBDT), players will now have to file an…
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Indian Gov. Working on a National Framework For iGaming Platforms
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iGaming continues to be banned in most states in India, but that hasn’t stopped offshore and illegal gaming operators from luring Indian players with online casino games and sports betting. The online gaming sector in India is constantly evolving due…
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India’s GST Council Defers Tax Decision on iGaming and Casino Services
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India’s Good and Services Tax (GST) Council has decided to postpone imposing a 28% tax on casinos and iGaming. The decision to bring these verticals under the GST was deferred due to the issues raised by Goa, Union Finance Minister…
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New Indian Law Likely to Impose 28% Tax on Online Gambling Operators
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The Indian government is deliberating on a legislative proposal that is likely to impose a 28% tax on online gambling operators in the country. A Group of Ministers (GoM) has proposed the change to bring levies from online gambling at…
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Meghalaya to Legalize Online and Offline Gambling For All Tourists
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The northeast Indian state of Meghalaya has planned to legalize both online and offline gambling for visitors to boost its tax revenues. Plans include adding new globalized forms of legalized gambling to the state’s indigenous archery-betting sport called Teer. According…
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Indian States Continue To Debate Over iGaming Legalization
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The online gaming market in India grew in 2021, even though multiple states continued to push for a blanket ban on online gambling. Karnataka’s Advocate General (AG) Prabhuling K Navadgi labeled iGaming as a danger to public order and defended…