Gaming firms warn 28% tax can lead to investment & jobs loss

Gaming firms warn 28% tax can lead to investment & jobs loss

More than 125 companies from India’s nascent online gaming industry warned the Indian government that the sector could face a massive loss of investments and jobs following a decision by the Goods and Services Tax Council to increase tax rates sharply. Earlier this week, the council imposed a levy of 28 percent at entry points on full face va...