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However, these issues shouldn’t justify draconian measures.

Instead, the industry advocates for smart regulation.

buy to let investment ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!With the use of technology, gaming hours can be monitored and limited, signs of excessive use can be identified, and safeguards can be implemented to promote responsible gaming.

Unlike other industries with addiction concerns, such as the alcoholic beverages industry, the gaming sector can use technology to encourage responsible use.Furthermore, research has shown than an increase in GST is not the appropriate way to address these concerns.

In-fact, the higher GST has only driven Indian players to offshore platforms where addiction concerns are manifold due to the lack of any safeguards for player safety.

buy to let investment ✌️【365vc.net】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!The GST increase, in this context has been the proverbial cutting of one’s nose to spite one’s face for the country.The industry also urges the government to implement the regulations drafted by the Ministry of Electronics and Information Technology (MeitY).

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buy to let investment ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!Thehope is that through thoughtful regulation, balanced taxation, and industry collaboration, gaming can be transformed into a cornerstone of India’s digital economy, much like the IT sector did nearly four decades ago.It has been just over a year since the new increased GST regime was implemented, and enough information has been gathered to show that despite the best efforts of the relevant ministries, the GST policy has not delivered for the people of the country: MeitY domain and app bans are regularly circumvented through techniques such as domain farming, MIB advisories regarding theadvertisingbans on illegal offshore betting and gambling firms are regularly ignored with even celebrity endorsements continuing, and the Ministry of Finance and GST Department effort to register offshore gaming platforms to collect GST has so far seen a dismal response.

However, there remains hope, especially as the GST council has promised a timely review.

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It is hoped in 2025, the Government and the skilled online gaming industry in India willwork together to build a tax and regulatory framework for the industry that enables the industry to become like the IT industry, a global model for others to emulate and learn from.The author is founder-president, Skill Online Games Institute (SOGI).

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